Popularity of online payment goes hand-in-hand with fraud

This article has been indexed from

Help Net Security

NICE Actimize has released a report that identifies and analyzes the leading fraud threats and patterns that impacted leading global financial institutions in 2021. Noting that banking fraud continues to rise, the data-driven research study found a 41% increase in attempted fraud over a similar evaluation conducted the year before by its data scientists. The report was created by analyzing billions of banking and payments transactions representing over $110 trillion in value. Data scientists and … More

The post Popularity of online payment goes hand-in-hand with fraud appeared first on Help Net Security.

Read the original article:

Liked it? Take a second to support IT Security News on Patreon!
Become a patron at Patreon!