The Growing Threat of Transaction Fraud In an increasingly digital world, where financial transactions occur at the speed of light, transaction fraud has become one of the most persistent threats facing businesses, financial institutions, and consumers alike. As digital payment systems, e-commerce platforms, and financial technologies (fintech) continue to evolve, so too do the methods used by cybercriminals to exploit vulnerabilities. Fraudulent transactions take many forms, from stolen credit card details and account takeovers to synthetic identity fraud and AI-powered phishing schemes. Cybercriminals continuously develop sophisticated techniques to bypass traditional…
Read MoreUnderstanding Transaction Fraud | Challenges, Risks, and Security Strategies
