The years of rapid growth in online retail have slowed somewhat. Meanwhile the cybercrime riding the ecommerce wave has not slowed down – on the contrary. — Photo: Nicolas Armer/dpa
BERLIN: Cybercriminals have greatly expanded their criminal activities in ecommerce worldwide over the past year, Lexis Nexis Risk Solutions says in a report published on Wednesday (May 22).
According to the US data security service provider's annual cybercrime report, the number of online purchases increased by a moderate 7% last year.
