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By any measure, e-commerce is a fast-growing industry. In fact, Forbes.com reported that the U.S. e-commerce sector is growing at more than 14% annually, handily eclipsing economic growth in this country. And while Americans are increasingly shopping online, fraud related to these transactions is also on the rise.

Consider a recent Javelin Strategy & Research study published by CIO-Today.com, which predicted online fraud in the U.S. will reach $19 billion by 2018. This estimate is almost double the $10 billion figure the firm reported for 2014. 

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