Is your business prepared for how online fraud prevention will change by the end of the decade? Gartner has released its Emerging Tech: The Future of Online Fraud Prevention report to help risk management leaders navigate the convergence of fraud prevention, identity, and cybersecurity.
Key projections from the report include:
- “Cyber-fraud fusion is expected to accelerate and become increasingly important through 2031 as organizations of all sizes continue to reach the understanding that online fraud is a cybersecurity issue.”
- “Cyber-fraud fusion describes an emerging trend within the security market where elements of cybersecurity, identity and online fraud prevention are combined into holistic defenses to combat fraud online.”
- “The shift from online fraud prevention to cyber-fraud fusion will occur in phases over the next six years. However, organizations will approach each stage differently depending upon their industry, size and level of maturity.”
According to Gartner, “[…] at least 50% of large financial institutions and online retailers will consolidate online fraud prevention personnel, duties and responsibilities into cybersecurity teams reporting to the CISO.”*
Get complimentary access to the Emerging Tech: The Future of Online Fraud Prevention report from Gartner for insights on integrated, intelligent, and identity-focused protection.
*Gartner, Emerging Tech: The Future of Online Fraud Prevention, Dan Ayoub, Pete Redshaw, Sean ONeill, Vatsal Sharma, 30 January 2025
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