A Santa Claus hand holding a paper bag full of gifts in front of a pink background. A certain amount of fraud during the holiday shopping rush may be unavoidable, but there are still things eCommerce businesses can do to prepare for and protect themselves from acts of fraud, including things like fraudulent chargebacks or the use of stolen credit cards. (Credit: eggeeggjiew/Adobe Stock)

Cyber Week sales hit an all-time high in 2021, with a report from Salesforce estimating consumers globally spent about $275 billion during this period – November 23 through November 29, 2021 – 2% higher than during Cyber Week 2020. People in the United States alone spent $62 billion online during this busy shopping period.

With an increase in transactions and spending, however, comes a rise in risk for retailers, who may find themselves on the receiving end of some not-so-jolly holiday cyber antics.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected]

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