A recent report by TransUnion, an analytical data firm, has indicated that slightly over 10% of all digital transactions in the Dominican Republic in the first half of 2024 were classified as “suspicious” or possibly fraudulent. While this is a slight reduction from the 11% reported in 2023, it still places the Dominican Republic in the second position among the 19 countries studied by TransUnion.
This report comes at a time when nearly one-third of the consumers in the country have complained of attempted fraud via email, or while they were online, or through text messages or phone calls.
According to the firm, it is in the different online communities, such as chats or forums that register the highest percentage of attempted fraud. Retail sales sites and video game sites are also prominent on the list. Overall, it appears that the use of false information by a person posting a profile online is the most common fraud that was detected.
An important percentage of these fraud attempts are directed at government agencies, online retail sites and video game sites.
Some business leaders told the TransUnion surveyors that maybe one-half of the new client applications could be considered fraudulent.
Fake identities are a major concern since the number of such actions is growing year to year. And the fraud attempts concerning money transfers are another major problem.
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El Caribe
Diario Libre
18 November 2024