Fraudulent e-commerce transactions spiked between Thanksgiving and Cyber Monday

This article has been indexed from Help Net Security

17.46% of all global e-commerce transactions between Thanksgiving and Cyber Monday were potentially fraudulent, a TransUnion report reveals. Those numbers were slightly higher in the U.S. where 19.66% were suspected fraudulent. The number of suspected e-commerce fraud attempts during the 2021 holiday shopping season was also a 25% increase over the 15.73% of fraud attempts observed earlier in the year (January 1 to November 29). Globally, the percentage of suspected fraudulent e-commerce transactions from November … More

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