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Fraudulent purchase attempts value increased 69% in 2020

08

Apr

2021

The average value of fraudulent purchase attempts increased 69% in 2020, a recent Sift report reveals. Also, several business categories were hit by both major increases in attempted fraud rates and increases in the value of those fraudulent purchases, with lodging merchants, omnichannel retailers, digital wallets, and professional marketplace companies becoming targets for online theft […]

Category Cyber-crime Phishing Written by Feedproxy 0 Comments

Retail Cybersecurity: How to Protect Your Customer Data

15

Mar

2021

In the early days of the pandemic, many retailers quickly launched e-commerce stores for the first time. Others expanded their offerings, such as adding online ordering with curbside pick-up. Within only a few months, the pandemic accelerated the shift to e-commerce stores by five years. This points to the need for increased retail cybersecurity. The […]

Category Privacy protection Security Written by Securityintelligence 0 Comments

Holiday shopping season fraud stats revealed

04

Dec

2020

There’s a 1% decrease in suspected online retail fraud worldwide during the start of the 2020 holiday shopping season compared to the same period in 2019, a 59% increase from the same period in 2018 and a 14% increase from all of 2020 so far, TransUnion research reveals. Holiday shopping season fraud stats The findings […]

Category Cyber-crime Phishing Written by Feedproxy 0 Comments

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Fraudulent purchase attempts value increased 69% in 2020

Retail Cybersecurity: How to Protect Your Customer Data

Holiday shopping season fraud stats revealed

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