ONLINE shopping fraud is a booming industry with PlayStation and Nike the two retailers most targeted by cybercriminals, according to a report by internet crime experts BrandShield Systems.

The AIM-listed firm scans the internet to detect counterfeit sales and what it calls online “brand abuse”.

It says that from October to November last year, suspicious “domain registrations” soared, especially at PlayStation and Nike. Apple’s Airpods were also heavily targeted.