We are about to enter the most wonderful time of the year. As consumers increasingly turn towards online and mobile commerce, are you confident in your card-not-present fraud detection capabilities? 2020 has been a year of great surprise and change. While the global health pandemic has changed how we physically interact with each other, it has also revolutionized how we shop.

There is no more effective initial attack vector than phishing. With an ability to reach well-within your organization’s logical perimeter all the way down to an individual user’s Inbox with some form of malicious content, phishing has proven to be a challenge to organizations working to maintain a proper security stance. On top of this, phishing attacks have some pretty impressive accolades.

Scams occurring during online purchases have spiked since the start of the pandemic, as reported in new research conducted by the Better Business Bureau (BBB). Around 80.5% of consumers who reported this type of scam this year lost money, compared to 71.2% in 2015. Online purchasers scams have been among the three riskiest scams for the past three years but the situation has become significantly more severe in 2020.