The substantial increase in online users has also increased the possibility of fraud , which is an inevitable risk of online shopping for anyone .

Additionally , research recently published by the specialised payments platform Paysafe , 49 % of consumers in the UK are now more apprehensive about falling prey to fraud , compared to their level of concern in 2021 . This suggests that UK consumers are placing a higher emphasis on security rather than convenience when conducting online transactions .

Cyber criminals ’ key targets “ Payment security has always been a key target for cyber criminals ,” says Ed Williams , Regional VP , Penetration Testing , EMEA , Trustwave . “ This isn ’ t likely to change anytime soon , in fact , it is likely that the current threat around ageing infrastructure , technology and the need for faster and more stable technology is only going to increase .”

As it stands , the payment technology currently available is keeping up with the threats that it faces , however if this were

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