LexisNexis Risk Solutions Archives - MMR: Mass Market Retailers

Retail fraud up 15%, LexisNexis study finds

August 26, 2021 by MMR LexisNexis Risk Solutions, retail fraud Leading Headlines, Retail News

ATLANTA — The amount of retail fraud, and its cost, has risen significantly over the past year, according to the 12th annual LexisNexis Risk Solutions 2021 True Cost of Fraud Study. This year’s findings were established through a survey conducted in March and April 2021 and show that the cost and volume of fraud has

New shopping habits create new fraud risks

February 5, 2021 by MMR fraud, identity theft, LexisNexis Risk Solutions Featured Articles, Leading Headlines, Retail News

NEW YORK — The COVID-19 pandemic has disrupted the global economy and changed consumers’ shopping habits. What hasn’t changed is opportunities for fraud, according to a report from LexisNexis Risk Solutions, which found that one doesn’t have to be technologically naive to be a victim. Last year overall market and economic uncertainty due to COVID-19