Q1 2023 Digital Trust Index
Mar 16, 2023
Explore new payment fraud data and consumer insights in our latest Digital Trust & Safety Index.
Download our Q1 2023 Digital Trust & Safety Index report to discover:
- The breakdown of rising fraud across industries and sub-industries
- How the Fraud Economy is expanding, with one in five consumers admitting to having committed payment fraud, or knowing someone who has
- How the democratization of fraud has led to fraud-as-a-service (FaaS), in which fraudsters sell on-demand fraud services to less-experienced culprits on the deep and dark web
- How fraudsters are using tactics like “card hopping” to make unauthorized purchases under the radar
Payment fraud data and insights from Sift’s global network
Payment fraud has become ubiquitous, leading to more attacks and an increase in losses for businesses. Sift’s latest Digital Trust & Safety Index exposes attempted payment fraud rising across fintech and digital goods & services industries, and reveals the latest tactics fraudsters are leveraging to scale their profits.