The 2014 Kitmondo B2B Fraud Survey has revealed that nearly a fifth of all online enquiries are fraud and 77% of businesses have lost money through product purchase fraud.
Kitmondo.com’s survey, which canvassed 2,496 B2B merchants reveals that nearly a fifth of all online enquiries are fraud attempts. The survey also revealed that 77% of businesses had lost money through product purchase fraud.
A survey of B2B merchants reveals fraudsters account for 19.29% of online product enquiries. The survey results reveal fraudsters are attacking merchants in potentially debilitating numbers.
Kitmondo.com’s survey, which canvassed 2,496 equipment vendors with fewer than 100 employees, reveals businesses lost an average of £24,002 each as a direct result of fraud
A survey of small businesses reveals fraudsters are enjoying rich pickings in B2B markets, with respondents reporting average losses of more than $40,000 each as result of fraud.