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In 2013, Cyber Monday online sales grew by 18% over the previous year, hitting a record $1.73 billion, with an average order value of $128. [146] In 2014, Cyber Monday was the busiest day of the year with sales exceeding $2 billion in desktop online spending, up 17% from the previous year. [147]
The term "Cyber Monday" was coined by Ellen Davis, [6] [7] and was first used within the ecommerce community during the 2005 holiday season. [8] According to Scott Silverman, the head of Shop.org, the term was coined based on 2004 research showing "one of the biggest online shopping days of the year" was the Monday after Thanksgiving (12th-biggest day historically). [9]
The 2016 Indian bank data breach was reported in October 2016. It was estimated 3.2 million debit cards were compromised. Major Indian banks, among them SBI, HDFC Bank, ICICI, YES Bank and Axis Bank, were among the worst hit. [1] The breach went undetected for months and was first detected after several banks reported fraudulent use of their ...
July 31, 2024 at 9:29 PM. By Jaspreet Kalra. MUMBAI (Reuters) -A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut ...
Data breach incidences in India were the second highest globally in 2018, according to a report by digital security firm Gemalto. [1] [2] With over 690 million internet subscribers [3] and growing, India has increasingly seen a rise in data breaches both in the private and public sector. [4] [5] This is a list of some of the biggest data ...
Cyber Monday is the biggest online shopping day of the year. And as millions of consumers browse the internet for the best deals, cybersecurity experts warn that saving big on retail purchases ...
Black Friday and Cyber Monday have come and gone, but there's a new kid on the block this Cyber Week: Travel Tuesday. While Travel Tuesday 2023 isn't a brand new event, it is certainly picking up ...
2015–2016 SWIFT banking hack. In 2015 and 2016, a series of cyberattacks using the SWIFT banking network were reported, resulting in the successful theft of millions of dollars. [ 1][ 2] The attacks were perpetrated by a hacker group known as APT 38 [ 3] whose tactics, techniques and procedure overlap with the infamous Lazarus Group who are ...