Cequence Security Research Reveals £2M Per Hour at Risk to Cybercrime During Holiday Shopping Season
Cequence’s CQ Prime threat research highlights the alarming financial toll of malicious automated attacks, with e-commerce businesses worldwide facing potential losses of over a billion in December.
LONDON, UK. — 12 December, 2024 — Cequence has unveiled new insights from its CQ Prime threat research team that underscore the growing cyber threats targeting the global retail sector during the holiday season. The research reveals that businesses could face average potential losses of £2.02 million ($2.58 million) per hour throughout December due to malicious bot traffic and fraud attempts.
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