Security News > 2020 > April > E-commerce and home-based workers see increase of targeted fraud
With more people working from home and e-commerce experiencing a boom-time, fraudsters have taken notice.
According to a special report, Impacts of Global E-Commerce and Fraud Trends Amid Coronavirus, released by e-commerce fraud-prevention provider Forter, as consumers have shifted their purchases online and begun working from home en masse, fraudsters are taking full advantage.
Merchants experiencing a surge in online activity are struggling to detect fraud, the report said.
This has led to an increase in gift card purchases and gift card fraud.
"Given these unprecedented times," the report said, "Merchants who did not previously consider e-commerce to be a priority for their business will now see it as a necessary and valuable platform. Merchants who already had online channels in place may not be adequately prepared to meet the challenges of such tremendous volumes of online activity."