Attempted credit card fraud up nearly 33% in Brazil in first half of the year – study

Consumers are buying more frequently and ordering more expensive products. Criminals are watching for opportunities.

RIO DE JANEIRO, BRAZIL - Brazil experienced a 32.7% increase in attempted e-commerce fraud in the first half of 2021 compared to the same period last year, as shown in the Mapa da Fraude (Fraud Map) study conducted by Clearsale consultancy.

The study found 2.6 million attempts in the first six months this year, considering approximately 182 million credit card transactions.

"E-commerce is the highlight of these fraud attempts, a means by which criminals were more actively engaged after most people went into social isolation and began to make more purchases online," explained Clearsale's director of . . .

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