Social media fraud soar up to 43% in 2018, mobile fraud grew to 70%: Report

06:30:00 AM, Monday 29th of April 2019 | in technology

Social media platforms like Facebook, Whatsapp are emerging as the new public square for criminal deception with a 43% increase in social media fraud, says a report. Cybercriminals are increasingly relying on FB, Instagram, Whatsapp, etc to communicate with each other & sell stolen identities, credit card nos etc. Fraud in mobile channels also grows to 70% in 2018 & it's expected to continue through 2019.