Payment Fraud: Rise in Online Participation and Risks

March 27, 2025

Payment fraud has become a significant issue in today’s digital age, as recent findings from Sift highlight the alarming rise in cybercrime, with a staggering 34 percent of consumers encountering solicitations to participate in such illicit activities.This marks an 89 percent spike compared to just a year ago and showcases how widespread the acceptance of digital fraud has become.
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