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Online Business Scams Decline as Consumer COVID Fraud Rises

2020-08-26 13:47:00| TechNewsWorld

Online bandits are decreasing their schemes against businesses but increasing COVID-19 scams aimed at consumers, according to a report released Tuesday by TransUnion. Suspected fraudulent digital transactions against businesses worldwide dropped nine percent from the lockdown phase of the pandemic to the reopening phase.

Tags: online business consumer fraud

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