New fraud types reported by e-merchants worldwide 2022
Over the past few years, e-commerce merchants have encountered an upsurge in new fraud types. In 2022, 'fraud as a service' emerged as the most commonly observed fraud trend among online sellers worldwide. This practice involves fraudsters offering services that enable fraudulent activities for their clients. Reseller and bot activities and social engineering through customer service were the second and third most prevalent fraud trends. These fraud trends affected 53 percent and 45 percent of the businesses surveyed.