Mobile Fraud Detection Top 4 Threats to the Mobile Channel

Mobile Fraud Detection Top 4 Threats to the Mobile Channel -TechProspect Mobile Fraud Detection Top 4 Threats to the Mobile Channel -TechProspect

According to data from the LexisNexis® Digital Identity Network®, the mobile channel now accounts for 67% of all transactions worldwide.1 Unfortunately, fraudsters have picked up on this consumer shift towards mobile and are adapting to changing consumer behavior as transaction volume shifts to this anywhere, anytime medium. As increasingly sophisticated cybercriminal organizations follow the masses (and the money) into the mobile channel, the following four trends are reshaping the threat landscape around the world.

 

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