Credit Card Fraud Rate

For every $100 in credit card transactions, about 6 cents is lost to fraud.

In 2012, global businesses lost $11.27 Billion to credit card fraud, an increase of 14.6 percent from 2011.

Credit card fraud in the United States accounted for 47 percent of all fraudulent charges in 2012. The rate of fraud was the highest in the world, with the United States accounting for 24 percent of credit car payments by volume.

(Prices of cyber threats and online fraud.)

Source:  Joshua Brustein, “Why the U.S. Leaves Its Credit-Card System Vulnerable to Fraud,” Bloomberg Businessweek, December 23, 2013.