The infographic warns that e-commerce’s holiday surge is matched by faster growth in malicious activity: from 2023 to 2024, malicious transactions rose 139% versus 104% overall transactions, with potential hourly losses increasing from $5.1B to $10.4B. It estimates $681.12M in potential losses during Nov. 22 to Dec. 2, 2024 and $1.79B across the rest of December, averaging $2.58M per hour, driven by credential stuffing, fake account creation, inventory fraud, and scraping. It cites examples like mitigating SMS pumping and handling 3.7B requests while blocking 317M malicious ones, and notes a 700% rise in distributed credential stuffing and token farming incidents (3.8M to 26.8M).

Join for free to read