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Cyber Security

Fraudulent attempt purchase value decreased by $10 in 2020 compared to 2019

There has been a 24 percent increase in eCommerce transactions globally in December 2020 compared to December 2019. ECommerce transactions in the retail sector increased 31 percent and the gaming sector increased 90 percent. BOPIS fraud has also seen a significant increase, with a 7 percent fraud attempt rate compared to 4.6 percent with other delivery channels. Non-fraud chargebacks increased 26 percent, driven by shipment delays over the holiday period. Travel and ticketing continued to see a significant dip in December due to the pandemic.

Source: https://www.helpnetsecurity.com/2021/01/15/fraudulent-attempt-purchase-value/

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