Challenges of cybercrime as we see a huge growth in on-line payments


2 min video looking at the challenges of cybercrime as more payments are made on-line



There has been a huge increase in digital crime during the covid-19 pandemic as more transactions have migrated on-line, with the FBI reporting a 75% rise in digital crime

On-line payments are estimated to be doubling in the next 4 years to over $8 trillion by 2024

Juniper research estimate on-line payment fraud will be over $23 billion p.a. by 2023

Mastercard is looking at how to protect its card users from malware, monitoring spending patterns that could spill...