Bots Will Cost Ecommerce Sites $10 Billion in 2019

Fraud rises during the holidays, cybersecurity firm Cheq warns


Brand safety and ad fraud are hardly the only headaches marketers need to reckon with.

Ecommerce sites around the globe will lose roughly $10 billion to cyberattacks this year, including bot and scraping fraud, according to a new report from New York-based cybersecurity firm Cheq and researchers at the University of Baltimore.

Out of the $585 billion that online retailers in the U.S. will rake in this year, $1.76 billion will be lost to similar forms of fraud, the researchers added.

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