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Posts Tagged ‘Fraud’

The average value of fraudulent purchase attempts increased 69% in 2020, a recent Sift report reveals. Also, several business categories were hit by both major increases in attempted fraud rates and increases in the value of those fraudulent purchases, with lodging merchants, omnichannel retailers, digital wallets, and professional marketplace companies becoming targets for online theft […]

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Instagram is a big part of the lives of many people, who use it daily to interact with friends and family. The popularity of the social media platform has also ensnared many businesses and individuals who find success in parading out various products, outfits and locations. With over 1 billion active users every month, Instagram […]

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TransUnion’s latest analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters are increasing their rate of digital schemes against businesses. In addition, a recent study found that more than one in three global consumers have recently been targeted by digital fraud related to COVID-19. Billions of transactions illustrate a war […]

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