The head of emerging solutions at TransUnion, Davina Myburgh, says their quarter 2 research reveals there has been a whopping 922,7% rise in fraud related to online gambling activity. She stresses fraudsters are merely targeting industries they believe have the most activity and will as a result provide the most rewards. 

Transunion’s quarter 1 research previously revealed that fraud attempts in the financial services increased by 187,34%. She says businesses are forced to strike a delicate a balance between protecting online customers and making online shopping a hassle free pleasant experience.