Online retail fraud up nearly a third in the 2019 holiday season

A new study shows a 29 percent increase in suspected online retail fraud during the start of the 2019 holiday shopping season compared to the same period in 2018, and a 60 percent increase over the same period from 2017 to 2019. The findings from iovation, the fraud prevention arm of TransUnion, are based on the online retail transactions analyzed for its e-commerce customers between Thanksgiving and Cyber Monday over the last three years.

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