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Shipping fraud quickly emerging as one of the top fraud types

11
Mar
2022
Shipping fraud quickly emerging as one of the top fraud types

image credit: pexels

The continuous growth of e-commerce could be behind a surge in shipping fraud, which is now the fastest growing type of digital fraud worldwide, according to a TransUnion report.

There was an influx in shipping fraud in 2021, resulting in a 780.5% year-over-year (YoY) global increase. When compared to a two-year timeframe from 2019 to 2021, TransUnion data shows shipping fraud grew more than 1,500+%.

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