Digital fraud originating from the Philippines has decreased by 11 percent in April to June 2022 compared to the same period last year, a study from global information and insights firm TransUnion …
Digital fraud originating from the Philippines has decreased by 11 percent in April to June 2022 compared to the same period last year, a study from global information and insights firm TransUnion showed.
It was observed that digital fraud across gaming, financial services, communities, retail, and travel and leisure has gone down in the previous quarter. Digital fraud in the logistics sector jumped by 236 percent in the second quarter of 2022 from a year ago; telecommunications, up by 45 percent; and gambling, up by 32 percent.
On the other hand, 11 percent of the survey respondents said they became victims of phishing, money scams, or third-party seller scams on legitimate online retail sites in the past three months.
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