Fraud Intelligence Center
Fraud attacks in one industry impact every industry.
The Fraud Economy is an interconnected web of fraud and abuse vectors that influence and impact one another. Explore data insights from the Sift global network of more than one trillion events per year, representing over 34,000 sites and apps across multiple industries, and learn how cybercriminals leverage the Fraud Economy to target businesses and consumers around the globe.
See Sift’s latest global fraud data
Rising payment fraud and high-value attacks
2022 vs. 2021
↑27%
Increase in blocked payment fraud rates across digital goods & services.
$250.35
Average value of blocked fraudulent transactions in digital goods & services.
Verticals with the largest increase in payment fraud
2022 vs. 2021
Ticketing
↑277%
Buy now, pay later (BNPL)
↑211%
Crypto exchanges
↑45%
Fraud-as-a-service
Mechanics of a criminal business model
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