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12/06/2021

Ecommerce retailers facing a 350% increase in fraudulent online orders

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As the holiday shopping season hits full stride, ecommerce retailers across Europe face a new era of malicious attacks spurred by a COVID-inspired transformation in ecommerce and a 350% increase in fraudulent online orders, according to data published by Signifyd.

Retailers can expect a more perilous fraud landscape through the holiday shopping season and beyond. The heightened threat is thanks in part to the growing sophistication and diversification of organized fraud rings.

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