Online fraud attempts expected to rise this Christmas
Consumers and online retailers in the UK and Europe need to be on high alert as online fraud is expected to be out in force during the Christmas season.
According to research by global payments company ACI Worldwide, eCommerce retailers in Europe can expect an 11 per cent rise in fraudulent activity during the upcoming Christmas shopping season, compared to the same period last year. The predictions are based on an analysis of hundreds of millions of transactions from European online retailers.