Based on a study of 34,000 sites and apps, as well as a survey of over 1,000 consumers conducted in June 2020, new research details how content abuse is a critical part of the fraud supply chain, the interconnected ecosystem of fraud. The research, carried out by digital trust and safety firm Sift, also uncovered a fraud ring based in Russia where fraudsters executed a card-testing scheme through fake listings on an e-commerce marketplace. A group of 15 fraudsters in Russia with identical IP addresses -- a fraud ring dubbed 'Bargain Bear' by Sift -- worked together to test dozens… [Continue Reading]
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