B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
5.4%
5.4% -- suspected ecommerce fraud rate for Hong Kong e-commerce transactions (2023)
In Hong Kong, 5.4% of e-commerce transactions were suspected of fraud across all of 2023 prior to 23 November 2023.
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
5.4%
Unit
Percentage
Data Vintage
2023
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
TransUnion
Primary
Tier A
https://newsroom.transunion.hk/nearly-three-quarters-of-hong-kong-consumers-admit-they-are-concerned… ↗
Source Article
Nearly Three Quarters of Hong Kong Consumers Admit They Are Concerned About Falling Victim to Fraud This Festive Season
Nearly Three Quarters of Hong Kong Consumers Admit They Are Concerned About Falling Victim to Fraud This Festive Season
However, it appears most retailers reduce fraud controls to priortise shopping volume
TransUnion (NYSE: TRU) released new findings today highlighting e-commerce fraud trends that o…
Original Research
TransUnion
· Original study ↗
Methodology
TransUnion global device risk consortium data
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Hong Kong e-commerce transactions: 5.4% suspected ecommerce fraud rate. Source: TransUnion (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/hk-fraud-rate-rest-of-2023
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<blockquote cite="https://lighthousedata.io/data/hk-fraud-rate-rest-of-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>5.4%</strong> -- suspected ecommerce fraud rate for Hong Kong e-commerce transactions<br><small>Source: TransUnion (2023) · <a href="https://lighthousedata.io/data/hk-fraud-rate-rest-of-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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