H2 2024 Update: State of Omnichannel Fraud Report

Trends and strategies for protecting organisations and consumers

With fraud costing businesses an estimated 6.5% of revenue globally, an enterprise-wide approach to mitigate risks is essential. TransUnion’s update to the State of Omnichannel Fraud Report provides critical insights for fraud prevention leaders.

Omnichannel fraud trends for South Africa in the first half of 2024 highlighted in the report include:

  • More than half (59%) of consumers were targeted with fraud — of which 10% fell victim
  • Money/gift card scam was the most reported fraud scheme
  • Telecommunications was the industry with the highest rate of suspected fraud (8%)

To explore South Africa’s fraud landscape and how it compares to other markets, complete the form to download the full report.

COMPLETE THE FORM TO DOWNLOAD REPORT

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