Retailers may be focused on staffing and inventory in preparation for the holiday sales blitz, but there’s one other major concern on the horizon: cyber attacks. While ecommerce fraud – which is expected to reach $48 billion in 2023 (up 16% from last year) – is a daily concern, it rises significantly during the holiday shopping season.
Tactics like account takeovers and automated attacks – coupled with a high volume of transactions and overwhelmed staff – create optimal conditions for cybercriminals to exploit.
Our expert panel will look at how this form of retail fraud is evolving and escalating, and talk about what retailers must do to ensure their fraud prevention strategies scale to meet the holiday demand. In this webinar, we’ll discuss:
- Why holidays are especially vulnerable to fraud, and the ramifications of this vulnerability
- How account takeover (ATO) and AI/automation fraud is evolving
- What businesses can do to protect their operations and customers from increasing fraud threats
