Retailers Losing 1.32 Percent of Revenue to Fraud, up 94 Percent from 2014, According to Annual LexisNexis True Cost of Fraud Study

ATLANTA--(BUSINESS WIRE)--The LexisNexis® True Cost of Fraud(SM) study reveals a drastic upswing in retail fraud as merchants lost 1.32 percent of revenue to fraud in 2015 compared to 0.68 percent in 2014.