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Financial fraud shot up 233% last year, account takeover on the rise
April 6, 2022, 10:47 p.m. | Karen Hoffman
SC Magazine feed for Threats www.scmagazine.com
Financial risk management service provider Feedzai reported a 233% rise in online fraud attacks worldwide in the first quarter of 2022, although the number of online transactions themselves only increased by 65%.
account takeover architecture cybercrime device security financial financial fraud fraud identity and access risk management takeover threats
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