Post-Covid Impact on e-Commerce Sales & Fraud rates

Fraudology is presented by Spec. Learn more about how their platform and request a personal demo, or stay turned for details on our group date demo.Sales volumes online grew rapidly by 30% in 2020 due to the impact of Covid-19 internationally. Now, 2 years later, as the majority of countries & consumers return to "normal", the growth rate of online business is now normalizing.How annual sales by category are projected to decrease compared to the last 2 years, while some categories will become the strongest by 2025The impact of these rises & decreases may impact company valuations, lay-offs, and cost-cutting; however, fraud attempts are not decreasing at the same ratesWhat these statistics can mean for the online fraud and Trust & Safety industry, and why it's important to understand the impacts of these trends on overall company losses. -Not just in chargebacks, but in total losses to revenue such as refund fraud, promo code abuse, ATOs draining stored value accounts, etc.In this episode, Karisse will also answer a few questions from listeners based on the last 2 Thursday episodes, and will provide a quick recap of the 2nd annual F4 (Fearless Female Fraud-Fighters) Virtual retreat.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Om Podcasten

If you work in online fraud prevention, chances are you've caught the "bug". The bug that makes you passionate about identifying & preventing cybercriminals from getting away with stealing from your company, or your client's companies. Most people who have made cyber-fraud their career have the perfect balance of analytical and social skills, a strong sense of justice and the curiosity that will drive you to go down every path of information until you "crack the case". Just like sociology is the study of social behavior, and psychology is the study of human behavior, Fraudology is the science and study of fraud. On the Fraudology podcast, long-time online fraud expert, Karisse Hendrick will dive into all areas of Fraudology from the perspective of a fraud-fighter. With guests ranging from former cybercriminals to fraud-fighters at Fortune 500 companies to law enforcement and others, you will no doubt be entertained, while learning a lot about fraud & other forms of abuse prevention! Subscribe to be alerted when a new episode is out and please rate & review where you can, to help others find this new & unique podcast!