Risk
12/27/2010
01:23 PM
50%
50%

Online Holiday Shopping Surges 15%

Mobile phones accounted for a larger share of the $36.4 billion consumers spent in November and December.

Best Mobile Apps For Busy Professionals
(click image for larger view)
Slideshow: Best Mobile Apps For Busy Professionals
Online holiday shopping roared ahead in 2010, as consumers spent 15% more than they did in the previous year. The growth was also fueled by consumers shopping using mobile phones in a big way for the first time.

MasterCard Advisors SpendingPulse said online retailers reported online sales of $36.4 billion between Oct. 31 and Dec. 23 versus the $31.5 billion that was reported in the same period last year. SpendingPulse, which measures various payment activities including online, cash, and check, said that apparel sales showed a big jump. Online apparel purchases hit 18.9% of total clothing sales this year, a 25.7% gain over last year's figures.

"This is the season of the sweater," SpendingPulse's VP for research and analysis Michael McNamara, told reporters. "What is driving this is that apparel sales online are doing well in general, represented by a shift from brick-and-mortar stores. The weather has helped, too."

Online retailer Amazon said its current Kindle model is the best-selling product in its history. Amazon bombarded its e-mailing lists with promotional offers, including free shipping, to the point that many were annoyed by the steady Amazon sales drumbeat.

In the end, everybody got into the act, from department stores and other large retailers, to traditional online shopping sites like Amazon and eBay. An Amazon mobile phone shopping app that allows shoppers to scan bar codes for pricing data helped consumers become more comfortable with ordering online with their cell phones. eBay's acquisition of app developer Critical Path Software helped the shopping and auction company attract more mobile phone users this year.

In recent years, consumers have used their mobile phones to find store locations and check pricing of items, but that has proved to be a double-edged sword for some large retailers, which are finding that some online shopping services are sending shoppers to discount sites where they can purchase items for less online than in their bricks-and-mortar stores.

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Cartoon
Current Issue
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2015-5084
Published: 2015-08-02
The Siemens SIMATIC WinCC Sm@rtClient and Sm@rtClient Lite applications before 01.00.01.00 for Android do not properly store passwords, which allows physically approximate attackers to obtain sensitive information via unspecified vectors.

CVE-2015-5352
Published: 2015-08-02
The x11_open_helper function in channels.c in ssh in OpenSSH before 6.9, when ForwardX11Trusted mode is not used, lacks a check of the refusal deadline for X connections, which makes it easier for remote attackers to bypass intended access restrictions via a connection outside of the permitted time ...

CVE-2015-5537
Published: 2015-08-02
The SSL layer of the HTTPS service in Siemens RuggedCom ROS before 4.2.0 and ROX II does not properly implement CBC padding, which makes it easier for man-in-the-middle attackers to obtain cleartext data via a padding-oracle attack, a different vulnerability than CVE-2014-3566.

CVE-2015-5600
Published: 2015-08-02
The kbdint_next_device function in auth2-chall.c in sshd in OpenSSH through 6.9 does not properly restrict the processing of keyboard-interactive devices within a single connection, which makes it easier for remote attackers to conduct brute-force attacks or cause a denial of service (CPU consumptio...

CVE-2015-1009
Published: 2015-07-31
Schneider Electric InduSoft Web Studio before 7.1.3.5 Patch 5 and Wonderware InTouch Machine Edition through 7.1 SP3 Patch 4 use cleartext for project-window password storage, which allows local users to obtain sensitive information by reading a file.

Dark Reading Radio
Archived Dark Reading Radio
What’s the future of the venerable firewall? We’ve invited two security industry leaders to make their case: Join us and bring your questions and opinions!