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Mobile Fraud: The Frightening Facts

Where Internet access goes, fraud inevitably follows, and mobile’s acceleration means fraudulent activity in this channel is also rising dramatically. But many businesses are still in denial: while two out of three believe they can quickly detect and remediate mobile fraud, in reality 90% have experienced online fraudulent activity losses during the past year.

This infographic, courtesy of TeleSign, provides sobering figures about the scope of mobile fraud, as well as potential solutions such as two-factor authentication.

Where Internet access goes, fraud inevitably follows, and mobile’s acceleration means fraudulent activity in this channel is also rising dramatically. But many businesses are still in denial: while two out of three believe they can quickly detect and remediate mobile fraud, in reality 90% have experienced online fraudulent activity losses during the past year.

This infographic, courtesy of TeleSign, provides sobering figures about the scope of mobile fraud, as well as potential solutions such as two-factor authentication.

[click to expand]

TeleSign Mobile Fraud Infographic FINAL2

Source: TeleSign

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