The anatomy of the new fraudster
A look into the different types of fraud
financial institutions need to prevent
Around the world, people’s shopping and payments habits have changed significantly as a consequence of the global health crisis. Lockdowns, curfews and forced physical distance have boosted e-commerce and led to a massive adoption of online payments worldwide. The pandemic has pushed cash usage to a record-low, especially in mature, digitalised countries.
The payment business faces a sharp increase in card fraud, particularly in the Card-not-Present (CNP) space. CNP Fraud increased with 70% over the past few months and according to the latest Nilson report, global card fraud losses will have exceeded $32 billion by 2021.
Our guide: The anatomy of the new fraudster is an exploration of:
- Fraud targets
- Faudsters’ modus operandi
- Who is the fraudster
- Security, detection and prevention
The guide gives you insights into the different types of fraud and offers solutions on how to prevent them. Download your free copy now
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