Numerous potentially fraudulent Black Friday transactions uncovered

Numerous potentially fraudulent Black Friday transactions uncovered

Numerous potentially fraudulent Black Friday transactions uncovered

Martin Endjala It has been revealed that 3.1 percent of Namibian transactions conducted during the Black Friday period, spanning from 23 to 27 November 2023, were potentially fraudulent. Globally, the figure stood at 3.6 percent for all e-commerce transactions according to findings from TransUnion regarding global e-commerce fraud trends for the start of the 2023 Christmas season. TransUnion also detected that the average number of suspected digital fraud attempts on any given day in Namibia during that period was 87.5 percent higher than during the same period in 2022 and 19.5 percent higher than the rest of 2023 (from January…
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