Digital Trust & Safety Index: Exposing the Multi-billion Dollar Fraud Economy
Ebook
Digital Trust & Safety Index: Exposing the Multi-billion Dollar Fraud Economy
Online fraud has matured well beyond outdated expectations of siloed attacks and lone, basement-dwelling hackers. New data from Sift’s global merchant network illustrates a complex, interconnected Fraud Economy of known vectors and emerging threats, with the majority of attacks serving as stepping stones towards high-return payment fraud—and the potential to cost online businesses resources, profits, and growth at every touchpoint.
Explore this new report to discover:
- The contributing factors to the 69% YoY surge in attempted online payment fraud
- How fraud vectors have evolved from siloed incidents into an interconnected Fraud Economy, with the majority of vectors leading to payment abuse
- Details of a sophisticated fraud ring attacking fundraising sites with automation
- The industries, items, and payment types most targeted by cybercriminals in 2020
https://pages.sift.com/rs/526-PCC-974/images/ebook-Q1-2021-Digital-Trust-Safety-Index-Exposing-Fraud-Economy.pdf
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