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It is estimated that currently just over 60 percent of the world’s population is active online.
During the first quarter of the year, Mexico suffered just over 80 billion cybercrime attempts.
Online fraud has become one of the main concerns for current Internet users.
Within an increasingly digital context, the internet has become a fundamental part of the behavior of millions of people, so much so that it is through it that today countless tasks are carried out, such as such as, communicate, work, study, trade and get entertainment; however, this immersion within digitality brings with it a growing risk, so much so that it has been pointed out that, andhe risk of digital fraud has risen by at least 90 percent in the last year.
According to the latest report provided by We are Socialit is estimated that worldwide there are just over 4.95 billion people who are immersed in the network, which suggests that just over 60 percent of the world’s population uses this technology.
In Mexico alone, it is currently recorded that just over 98,000 people have access to the network, which represents an increase of at least 16 million active users, compared to what was recorded during the same period of the year. last year, a figure that shows an upward trend in terms of the use of this technology.
Up to 90 percent increase in digital fraud in the last year
However, not everything is beneficial, since according to what was pointed out by Forti Guard Labs for Latin America and the Caribbean, Mexico suffered just over 80 billion attempted cyberattacks in the first quarter of 2022 alonea figure that reveals a higher cybersecurity risk by at least 50 percent compared to the previous year.
In the same way, LexisNexispointed out in his study “Fraud of Digital Payments in High Growth Markets”, a rise of at least 90 percent in terms of the increase in online fraud, this within the last 12 months, this derived from “The rapid transition to digital transactions can be a double-edged sword.” as pointed out by Pratik Choudhary, identity and fraud strategy manager at LexisNexis Risk Solutions.
“While it significantly improves the consumer experience, it has left many organizations vulnerable to fraud. Businesses must embrace newer payment methods, including online banking and digital wallets, but also prepare for the sophistication of payment fraud. With consistent fraud risk management and strong fraud monitoring capabilities, institutions in high-growth markets can reduce fraud losses, maintain customer confidence, and safeguard their reputations; all while preparing for the new regulations,” she adds.
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