The 2017 Fraudster Wish List
While 2016 saw a tie between online and in-store shopping spend, in 2017 e-commerce spending is expected to surpass revenue generated in brick-and-mortar stores for the first time. That’s great news for merchants with an online presence — as long as they can distinguish between genuine customers and thieves trying to hide in the holiday rush.
Despite popular belief, fraud attacks don’t decrease over the holidays — in fact, the opposite is true. Although the overall percentage of fraud goes down at year-end because of the flood of legitimate customers, the overall number of attempted crimes actually increases dramatically. Plus, since fraudsters prefer to steal goods they can easily resell, there’s often a correlation between the popularity of an item and how hot it is amongst the fraudster fraternity. That’s why e-commerce merchants should keep a close eye on this year’s top sellers and make sure their fraud system is taking this information into account during the holiday rush.
The third annual Fraudster Wish List from leading e-commerce fraud prevention company Forter analyzes which items fraudsters are targeting this holiday season. Between MacBooks and puffer jackets, you’re bound to see a gift or two you were considering purchasing yourself!