Security News > 2020 > June > Cybercrime against retail brands is up 41% during pandemic
A dramatic uptick in scams, counterfeiting, and hacking plague retail and e-commerce industries during the coronavirus crisis, as businesses try to define their new normal.
The data from the report revealed that 41% of retail executives surveyed cited a dramatic shift in retail and e-commerce, and a higher rate of cybercrime against their brands since the beginning of the pandemic.
An increase in cybercrime was reported by 41%. 68% said fighting cybercrime is very important to their business.
Since the pandemic, cybercrime has rapidly increased, more than any other crime, and 68% of respondents said fighting cybercrime is important.
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