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• Credit card skimming is expected to increase by 50% in 2023 during the holiday shopping season.
• Scammers use fake promotions and fake gift card offers to entice victims.
• E-commerce web apps have various security vulnerabilities, including missing web application firewalls and cryptographic vulnerabilities.
• Holiday spending attracts threat actors who exploit consumer behaviors and engage in credential harvesting, phishing, and malware attacks.
• Companies face risks from credential harvesting, phishing, bots, and malware during the holiday season.