December 14, 2016
Once again the holiday season is drawing close and consumers are gearing up to spend big. Similarly, online criminals love the holidays just as much as any of us. With the increase in online transactions, they can more easily hide their fraudulent activities. In fact, online retailers are spending more than seven percent of their total annual revenue combatting fraud. The silver lining for online retailers is that holiday spend in 2016 is predicted to be at an all-time high – taking a 10% chunk of the total holiday season sales, with the total online sales to reach $94.71 billion.