Initially fueled by the reduction of in-person shopping during the pandemic, online holiday shopping is expected to reach record highs this year. In fact, according to the National Retail Federation
, “holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion.” Unfortunately, each year the number of online shopping scams and cybersecurity fraud seems to grow as well. Last year alone, consumer fraud was up over 70%
over the year prior, reaching almost $6 billion in losses.