The era of eCommerce is firmly in place as the second decade of the 21st century winds down, with trillions each year being spent on the web all over the world. The challenge now is figuring out how to make the benefits more inclusive and expansive – which also means making sure the entirety of the ecosystem remains secure. Meeting those challenges will be a twofold effort that involves inventing the technologies and processes to meet the market’s needs and then finding a way to get all relevant shareholders to adopt them.
Data:
$29T: Global value of eCommerce transactions in 2017, according to the U.N.
$100M: Value of rewards that eCigarette firm Juul is offering for merchants to adopt their age verification platform.
$346K: Average cost of an IoT-focused cyberattack targeting a healthcare organization.
70 percent: Share of consumers between the ages of 18-28 that have a college degree.
67 percent: Portion of consumers who report being “very” or “extremely” satisfied when encountering an ID check at a physical location.
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