The State of Security within eCommerce 2020/21

The impact of COVID-19 has made 2020 a year unlike any other. Among the many effects of the global pandemic has been a huge increase in online retail business. With much of the world’s population under various degrees of lockdown, and with many people unable to reach their local grocery stores, consumers have increasingly turned to online retailers large and small for safety and convenience.

Online sales in the US alone were up by 30.1 percent year-on-year in the first six months of 2020 — compared to only four percent of overall sales. US consumers spent $497 billion online between January and August 2020, with sales exceeding $2 billion on 130 different days. Compare this to 2019, when sales exceeded $2 billion on just two days.