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 pre-pandemic times?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
1 2021 Global Fraud Report, Cybersource, 2021, p7