Detection & Prevention
The escalation of financial crime in Europe has reached alarming levels, with an estimated $750 billion in illicit funds circulating through the continent's financial systems in the current year. This figure, which constitutes 2.3% of the total European GDP, highlights the severe challenge posed by fraud, money laundering, and other illegal
By the end of 2023, ad fraud had cost marketers a staggering $88 billion worldwide, according to AppsFlyer. Predictably, this figure is expected to spike to $172 billion by 2028. With 15% of global mobile media expenditure wasted on fraudulent activities, the fintech sector finds itself uniquely vulnerable. This article ventures into how ad fraud
The global financial sector has undergone a significant transformation, driven by the need to adopt advanced technologies to combat financial fraud more effectively. Financial fraud has become a costly menace, with annual losses exceeding $500 billion due to outdated and inadequate fraud prevention mechanisms. Adding to the challenge are
In-game skins have become a cherished part of gaming culture, providing players with the opportunity to customize their characters and show off unique looks. However, trading these skins comes with its own set of risks. Scammers are constantly developing new tactics to exploit unsuspecting players and steal their valuable in-game items. Moreover,
In the rapidly evolving digital landscape, fraud has become increasingly sophisticated, impacting multiple sectors from banking to social media. Traditional security measures often fall short, making Big Data Analytics an essential tool in the fight against modern fraud. This article delves into how Big Data Analytics is reshaping fraud detection,