Sift released its Q4 2020 Digital Trust & Safety Index: Holiday Fraud and the Shifting State of E-commerce, which revealed that fraudsters are executing larger and more targeted attacks this holiday season. Derived from Sift’s global network of over 34,000 sites and apps, the Index found the average attempted fraudulent purchase value rose to over $700 from October through November 2020, a 70% year-over-year increase during the same period in 2019.

The Phishers' Favorites report for Q4 2019 says that PayPal remains the top brand impersonated by cybercriminals for the second quarter in a row, with Facebook taking the #2 spot and Microsoft coming in third.

A report illustrates how cyber criminals are increasingly targeting retailers and their customers through digital and social channels as retailers leverage new channels  for increased revenue opportunities.