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BUSINESS
96% – consumers who were victimized during last year had switched to mobile apps
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Updated : Apr 17, 2019, 05:35 AM IST
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Although Indians have embraced digital transactions, rampant social engineering and phishing email incidents have led to doubling of financial cybercrimes, reveals FIS PACE report
37% – of victims affected by financial fraud
27-37 years of age group impacted by fraud
96% – consumers who were victimized during last year had switched to mobile apps
Mobile payments rapidly gaining traction among 18-26 years age group
28% – youngsters not satisfied with their banks
35% – of older consumers are not satisfied with their banks
