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Online fraud detection spend to hit $9.2 billion by 2020

Discussion in 'Help Net Security' started by RSS, Jun 15, 2016.

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    RSS New Member Member

    eCommerce merchants and financial institutions will be investing heavily in online fraud detection solutions over the next five years, with annual spending reaching $9.2 billion by 2020, up by 30% on current levels, according to Juniper Networks. Rapid growth of mobile fraud According to the research, fraudsters now perceive mobile payment channels to be particularly vulnerable (and therefore attractive targets) as many organisations have yet to apply the same levels of protection to mobile as … More →

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