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Released: December 19, 2011
Consumers will lose $10M to cyber crime this holiday season
Source: Meghan Kelly, Venture Beat
Online shopping around the holidays has increased 10 percent since the same time in 2010, to around $30.9 billion dollars spent thus far in the season, according to a report by comScore. Specifically days like Cyber Monday, which raked in $1.25 billion, and Free Shipping Day, which totalled around $1.72 billion, draw people away from store windows to open up computer windows. Indeed four days this season have seen over $1 billion in spend each.
According to security company F-Secure, cyber criminals are particular alert during these periods of mass spend, and will quietly steal more than $10 million of a total $60 billion in expected sales.
Read Full Article: Consumers will lose $10M to cyber crime this holiday season
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