A staggering 68% surge in fraud transactions throug mobile apps since 2015.

In the past decade, the world has witnessed a rapid digital transformation, with mobile applications becoming an integral part of our daily lives. From banking to shopping and entertainment, mobile apps have revolutionized the way we interact with businesses and access services. However, along with this digital revolution comes a dark side: an exponential increase in fraud transactions through mobile apps. This article delves into the staggering surge of fraud transactions in mobile apps, highlighting the factors contributing to this rise and discussing potential solutions to mitigate the risks.