APP Fraud: Over 62% of UK cite mobile app fraud as top concern

24 Oct 2024 12:06 PM | Anonymous member (Administrator)

62.1% of UK consumers see mobile app fraud as a top concern, with 50% also citing hacking as a fear, according to findings from the Open Worldwide Application Security Project (OWASP) and Appdome.

“Banks and fintechs are worried about fraud happening to them because of the implications from a regulatory perspective and obviously, a financial loss perspective, and so are consumers,” said Chris Roeckl, chief product officer at Appdome, speaking to finextra.

https://www.finextra.com/newsarticle/44884/over-62-of-uk-cite-mobile-app-fraud-as-top-concern

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