The future of fraud: Securing growth in a changing world

This edition of the Cybersource+ Experts guide brings together industry experts to share their insights on the future of fraud and how to combat it.

Preparing for what’s next

Did you know that around three-quarters of businesses reported increased fraud attempts and fraud rates by revenue, compared with before the pandemic?¹

In fact, the pandemic brought about many changes in fraud. Friendly fraud became more prevalent, social media established a new playground for fraudsters and fraudsters employed new tactics to steal identity data, from hacking and social engineering to large-scale data breaches.

So what’s next? And how can merchants prepare?

The Future of Fraud brings together industry experts from the Merchant Risk Council (MRC), Aite-Novarica and Cybersource to discuss:

How the pandemic changed fraud
The rise of the automated fraudster
What fraud trends to watch out for
4 steps to jumpstart your fraud strategy

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¹ 2021 Global Fraud Report, Cybersource, 2021, p7