Growing trends of fraudulent attacks on the luxury retail sector indicate the reward greatly exceeds the risk for fraudsters targeting luxury retail sector. The value of luxury goods does not decrease over time – quite on the contrary, it has tendencies to grow (think limited editions or classics). Due to the high-end nature of this business resulting in fewer transactions, it is not an easy task to get the fraud detection and prevention right.
Luxury shopping requires premium services and experience. But how can a Luxury Retailer put this premium shopping experience in balance with a well-established fraud detection and prevention system, keeping the fraudsters out and letting the valued customers in? And what about the losses directly caused by employees?
SAS is partnering with industry experts Crime&tech, Stanwell and Microsoft to address this challenging topic and we are jointly happy to invite you for a knowledge sharing session, where we will be exploring ways to address these latest trends in retail fraud specific to Luxury retail sector.
approx. 45 minutes
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