Cost of mobile commerce fraud is on the rise

phishing attacks

Fraud is becoming a major problem for the mobile commerce industry The impact of fraud in the mobile commerce world is growing. According to a new study released by LexisNexis, fraud is becoming a major problem that those invested in mobile commerce may have to take steps to address. The study shows that the cost of fraud is beginning to escalate, which could lead to serious problems for merchants and consumers that are actively involved in the mobile commerce space. If fraud continues to grow, it may also attract the…

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