New TransUnion Analysis Finds 2.6% of Canada’s Attempted Ecommerce Transactions Between US Thanksgiving and Cyber Monday Suspected to be Fraudulent

Attempted Digital Fraud Rates in Canada are up 51% year-over-yearTORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- As Canadians took advantage of retail deals offered between 28 November (US Thanksgiving) and 2 December (Cyber Monday), a new analysis from TransUnion® (NYSE: TRU) found that 2.6% of attempted consumer ecommerce transactions in Canada were suspected to be Digital Fraud during this holiday shopping period. This was up 51% from 1.7% over the US Thanksgiving period last year. The analysis reviewed attem ...