Deloitte expects holiday e-commerce sales to amount to $182 billion to $196 billion this year, increasing by 25% to 35%, compared with year-over-year growth online of 14.7% in 2019. With this surge in online holiday shopping due to COVID-19, malicious actors will be looking to capitalize.
RiskIQ now detects one phishing domain and at least five domain infringement events every minute, with those numbers expected to increase for e-commerce brands as the holiday shopping season continues to ramp up. In response, RiskIQ announced its new Holiday Shopping Microsite, a free, one-stop cybersecurity resource center that tracks and reports new web hosts and domains that leverage holiday shopping events, including Black Friday, Cyber Monday, and Cyber Week.
The site will serve as an authoritative source of intelligence that security practitioners can use to block and investigate holiday shopping scams as they increase on an unprecedented scale. Already, RiskIQ’s systems have observed 10,727 instances of new holiday shopping infrastructure stood up in advance of Black Friday and Cyber Week since November 1.