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