Cybercriminals are launching increasingly sophisticated and automated attacks, driving attempted payment fraud up 23% across the Sift network from 2020-2021.
Our latest Digital Trust & Safety Index report explores how bot-backed attacks fuel increasing payment fraud across various industries. You’ll discover:
- Which industries saw average fraudulent order values spike in 2021
- How automated attacks on one merchant can cause a ripple effect across various vectors
- Why unchecked payment fraud leads to consumer brand abandonment
The post Sift’s Fraud Intelligence Center and Q1 2022 Digital Trust & Safety Index: Outsmarting payment fraud in the age of automation appeared first on Multichannel Merchant.
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