4 Mobile App Fraud Prevention Myths, Debunked

With over 6 billion smartphone users around the world, it’s no surprise that the mobile app industry is thriving. Whether it’s for digital payments, ride-hailing, betting, or gaming, there’s a mobile app for just about anything. In fact, the industry has become so large that by 2023, mobile apps are expected to generate almost $1 trillion in annual revenue. 

But more mobile apps means more opportunities for fraud. Although mobile-specific fraud threats have been around for a while, there are still several misconceptions with regard to preventing mobile app fraud.