Security News > 2021 > January > Fraudulent attempt purchase value decreased by $10 in 2020 compared to 2019

In particular, eCommerce transactions in the retail sector increased 31 percent and the gaming sector increased 90 percent, comparing December 2020 with December 2019.

The UK saw an increase in transactions of 28 percent and the US of 14 percent from January through December 2020 compared to the same period in 2019.

The gaming sector increased 84 percent January to December 2020 compared to 2019.

The retail sector increased 48 percent January to December 2020 compared to 2019.

Fraudulent attempt purchase value decreased by $10 in 2020 compared to 2019; this was the impact of airline, sporting event and concert ticket purchase declines, which have a high average ticket price.

Fraud attempt rates by value increased slightly by 0.2 percent to 3.4 percent, similar to prior holiday seasons, as a result of increased genuine consumer spending outpacing fraud.

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