The UK retail sector lost £11.3bn to fraudulent activity in 2023, according to global financial technology platform Adyen.
The research, in partnership with the Centre for Economics, Business and Research, found that 35% of UK businesses became a target of fraudulent activity, cyberattacks or data leaks over the past year – up 37% compared with 2022.
https://www.retail-week.com/tech/cyberattacks-and-fraud-cost-uk-retail-sector-11bn-in-2023/7045950.article