8 Industries. 8 Quarters.
Ecommerce Fraud Index
An In-Depth Study of Global Ecommerce Fraud Trends
To help ecommerce merchants everywhere, Signifyd has compiled the Ecommerce Fraud Index with data from billions of transactions from thousands of merchants spread across the world over an 8 quarter period: Q1 2016 through Q4 2017.
- Quarterly data for stolen financial, account takeover, and friendly fraud
- In-depth data across 8 global industries
- Industry-specific commentary on fraud trends and changing market conditions
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Total fraud losses increased 7 percent from 3.80% in 2016 to 4.09% in 2017.
Losses during the holiday season were higher, with fraud increasing 24 percent from 3.07% in Q4 2016 to 3.83% in Q4 2017.
The beauty industry was hit hard, with fraud increasing 102% for online cosmetics and perfume retailers from 2.52% in 2016 to 5.10% in 2017.
Account takeover fraud losses increased 80 percent from 0.25% in 2016 to 0.45% in 2017.
For online department stores account takeover fraud increased a whopping 285%, from 0.06% in 2016 to 0.23% in 2017, representing more than 10% of total fraud losses.
For jewelry and luxury watch merchants account takeover fraud increased 194%, from 0.42% in 2016 to 1.24% in 2017.