Fraudsters now exploiting e-Commerce sector at scalesa similar to Jamtara banking scams: Report

New Delhi [India], April 30 (ANI): Organised fraud networks are now systematically targeting online marketplaces, with coordinated groups exploiting platform systems at scale, mirroring patterns once seen in banking fraud, according to a new study.

An analysis of 70 million marketplace users by AI- powered risk decisioning platform Bureau, revealed that coordinated groups are now exploiting online systems at a scale similar to the Jamtara banking scams.