2021 holiday season saw a sharp increase in eCommerce bot attacks
The past holiday season saw an unusually high level of malicious bot activity in the retail and commerce industries according to new data from Akamai and RH-ISAC (Retail and Hospitality Information Sharing and Analysis Center).
Attacks included credential stuffing and account takeover (ATO) attacks unleashed by malicious bot operators, as well as Log4j exploitation attempts and web application firewall (WAF) assaults, all of which have been about bad actors setting their sights and pointing their tools at eCommerce players.
Businesses are afraid of the big bad bots
A new report out today looks at the measures businesses are taking against bots and how successful they are -- and it doesn't offer good news.
The study from Kasada finds that 64 percent of organizations lost more than six percent or more of their revenue due to bot attacks, and 32 percent have lost 10 percent or more in the last year.
