#We need to go deeper bots full

Successful carding attacks cause financial losses for retailers due to refunds to customers and because products and gift cards are being shipped to cybercriminals. The percentage of carding attacks out of total checkout attempts rose steadily throughout much of 2021, averaging 5.06%. CardingĬarding attacks occur when criminals test stolen credit cards on e-commerce sites to make purchases of goods and gift cards. The threat is a significant problem for retailers today, and it is estimated that in 2021 scraping bot activity will remain between 23 – 26% of total traffic volume. Competitors will often use this to gain intelligence on other e-commerce sites, and it can end up costing victims up to 14.7% of their annual website revenue. Scraping occurs when attackers use bots to crawl websites and capture pricing information and product details. When it comes to the automated attacks that caused the most damage to e-commerce sites, these can be broken down into four categories: Scraping Additionally, bot traffic doesn’t always correlate to its severity because sophisticated bots will often keep their attack volumes purposely moderate to evade detection tools and come across as genuine traffic. This highlights that cybercriminals aren’t slowing down just because consumers are spending more time offline. However, despite the decrease in traffic, the percentage of malicious bot traffic remained the same. The PerimeterX study also revealed that in 2021, website traffic to e-commerce sites dropped by over 3%. Retailers need to understand the different types of bots-based attacks to create a defense plan and be able to respond.

#We need to go deeper bots full

Criminals are attacking e-commerce sites in full force with their bot armies. These attacks cause severe damage to retailers, harming their brand and reputation, eroding customer trust, and hitting them financially.īot-based attacks are on the rise, with year-over-year growth of 106% percent in 2021, according to the PerimeterX 2022 Automated Fraud Benchmark Report. These bots steal credit card numbers, customer login details, and personally identifiable information (PII) and commit automated fraud attacks.

One of the biggest threats to e-commerce platforms comes from automated bot attacks, where cybercriminals deploy malicious bots to steal from retailers and customers.

Robert Kusters, senior manager and security evangelist at PerimeterX, discusses why it’s time that online retail provides better protection from automated threats. But, as more people flock online, cybercriminals are following in their wake, using these e-commerce watering holes as money-making opportunities. This massive figure highlights that e-commerce sites have become the preferred platforms for consumers. According to recent data, by 2023, 91% of the US population will be online shoppers.