Black Friday to Cyber Monday: Keeping Hackers From Having Their Day

Black Friday to Cyber Monday: Keeping Hackers From Having Their Day: Stores across the country were a mad house when Black Friday arrived, with throngs of shoppers showing up to take advantage of seasonal sales. Online, the customer rush is similar, though the security challenge businesses face takes on a different form.

This year, according to analytics firm comScore, online sales on Black Friday totaled an estimated $1.198 billion. But alongside those numbers are numbers like this one from fraud prevention firm Signifyd – an estimated 1.2 percent of ecommerce sales on smartphones were fraudulent. A legitimate transaction on a tablet averaged $132; a fraudulent transaction on a tablet averaged $216.