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Tag: attempts

Alibaba Group thwarts 300 million hack attempts per day

Alibaba’s company logo at its office in Hong Kong on February 22, 2012. Aaron Tam/Stringer | Getty Images Chinese technology giant Alibaba Group is the target of some 300 million attempted cyber attacks per day, according to the company’s founder and former executive chairman, Jack Ma. Ma said he was “proud” that despite the tirade …

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Study: Retail fraud attempts triple in two years

As retail fraud rises, so do the average losses. According to the 10th annual True Cost of Fraud report for the retail sector from LexisNexis Risk Solutions, overall retail fraud attempts have doubled year-over-year and tripled since 2017. The study also found merchants pay $3.13 per lost dollar on average, up 6.5% from $2.94 in …

Study: Retail fraud attempts triple in two yearsRead More