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Key Insights from This Trends Report
Increase in ecommerce fraudpressure by mid-2021
Increase in bot attacksduring 2020
Increase in consumer abuse inthe first half of 2021
As the world strained against the grip of a global pandemic, the very nature of ecommerce changed ー and with it, so did fraud. In a matter of months, as retailers became better suited at detecting and preventing fraud, persistent fraudsters began evolving. In effect, they seized the disruption of COVID-19 to usher in the golden era of online fraud.
From migrating fraud to more vulnerable links in the payments chain to modernizing classic scams, such as synthetic identities and return fraud, fraudsters flourished in their new methods. Methods, which undoubtedly will be active players over the holidays ー and beyond ー as many ecommerce merchants prepare for their first post-pandemic holiday season.
Get the report to learn:
- What rising fraud pressures are here to stay
- How to prepare ecommerce operations for the holiday season
- Holiday predictions from Signifyd’s Risk Intelligence team