See Sift in Action

Cybercriminals profited off of 2020's unrest, leveraging the global Fraud Economy to commit unprecedented payment abuse. Read our Q1 2021 Digital Trust & Safety Index for new fraud data, emerging attack trends, and expert insights.

Explore this new report to discover:

  • The contributing factors to the 69% YoY surge in attempted online payment fraud
  • How fraud vectors have evolved from siloed incidents into an interconnected Fraud Economy, with the majority of vectors leading to payment abuse
  • Details of a sophisticated fraud ring attacking fundraising sites with automation
  • The industries, items, and payment types most targeted by cybercriminals in 2020

Exposing the multi-billion dollar Fraud Economy

Online fraud has matured well beyond outdated expectations of siloed attacks and lone, basement-dwelling hackers. New data from Sift’s global merchant network illustrates a complex, interconnected Fraud Economy of known vectors and emerging threats, with the majority of attacks serving as stepping stones towards high-return payment fraud—and the potential to cost online businesses resources, profits, and growth at every touchpoint.

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