Last Updated on 11/08/2023 by OTC
Consumers spent a whopping $35.3 billion during last year’s cyber week shopping season. With Cyber Monday accounting for $11.3 billion in revenue alone, this period remains one of the biggest online shopping events of the year.
Unfortunately, hackers are making bank alongside online retailers. As we enter the holiday season, ecommerce websites are at an increased risk for security threats like skimmers, MageCart, ransomware, and phishing. Software vulnerabilities remain one of the most common threats impacting ecommerce websites — with successful exploits known to result in heavy losses for unprepared web stores and organizations.