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Retail most targeted sector for digital fraud in Philippines
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ManilaPhilippinesYogesh-dawareTransunionUnion-philippinesStudy: Suspected digital fraud rate in PH notably higher than global average
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PhilippinesYogesh-dawareTransunionOmnichannel-fraudDATA breaches that led to stolen credentials caused 8.3 percent of all digital transactions in the Philippines to be deemed fraudulent, according to the latest TransUnion report. TransUnion said in its 2024 State of Omnichannel Fraud Report that this was 66 percent higher than the global average which is pegged…
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