The Growing Risks of On-Device Fraud

The picture is painfully clear . . . organizations are not seeing a slowdown in financial fraud targeting  mobile devices. Mastercard recently shared that their data shows a trend of $41billion in fraud-related loss in 2022, growing to $48billion by 2023.  JuniperResearch puts the number at $91billion by 2028 and growing. With some estimates indicating that up to 70% of all fraud transactions target the mobile endpoint, the risk to mobile and their users has never been higher. 

In a …

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