Black Friday and Cyber Monday are the busiest online shopping days of the year with the global digital Gift Card market projected to reach $1,2 trillion by 20321. But amidst the bustle, fraudsters can obscure their malicious activity with consumers being less vigilant. According to the National Retail Federation, the retail industry will lose an estimated $3.68 billion to return fraud alone this holiday season.2
Register for this Accertify webinar featuring Neiman Marcus to find out about the fraud trends affecting ecommerce during peak holiday sales and how these can be prevented with the correct risk decisioning:
- Neiman Marcus, one of the largest multi-brand retailers in the U.S., will share use cases of cybercrime.
- Bracketing and wardrobing – how to identify and put controls in place for the increasing variety of returns fraud.
- How to preempt gift, along with loyalty program fraud without impacting customer experience.
- Navigating the latest fraud trends as an organization; leveraging and layering tools, technology, and data.