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Fighting the rising tide of rogue apps

Saturday May 28, 2022. 03:31 PM , from BetaNews
We're battling a swell of rogue apps, and companies and consumers alike are struggling to keep their heads above water as these applications quickly become the tool of choice for fraudsters. According to our recent fraud data, rogue apps now make up 39 percent of global fraud attacks, growing at a rate of 50 percent per quarter. Rogue apps attempt to impersonate a brand's application with the intent of committing financial fraud. They have the ability to wreak havoc on consumers and organizations alike, with financial institutions being a particular target. They often masquerade as major banks, for instance, and… [Continue Reading]

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