U.S. Businesses Spend $2.66 to Combat Every Dollar of Fraud, According to LexisNexis Study

This year, every dollar of fraud to merchants and firms in the retail and online/mobile, and financial services sectors is estimated to cost $2.66 on average, according to a new study from LexisNexis.

For organizations selling digital goods and / or primarily transacting through remote channels, the cost is…