5 Trends, 5 Minutes: Cyber & Fraud

5 Trends, 5 Minutes: Cyber & Fraud


How online payments fraud is costing business owners billions

July 22, 2021

This week’s top story: We discuss how online payment fraud could cost business owners more than $200 billion over the next few years, and what you can do about it. Also this week, we discuss how hackers demanded millions during a Fourth of July holiday spree, how a ‘dark-side coupon group’ scammed stores out of millions with fake coupons, why smart POS terminals may be the future for digital payments and why the FBI advised businesses to use AI to curb phishing and other fraud. #Kount5in5