The first step toward identifying and preventing mobile fraud threats is acknowledging that mobile security requires a unique solution.
Merchant and e-commerce organizations are no strangers to the struggles of fraud protection. Amazon, a recent target, noted that its merchants were hit by “extensive” fraud over six months in 2018. Hackers stole thousands of dollars from hundreds of merchant accounts by redirecting money to their own bank accounts. In addition, knowing that global digital commerce sales are forecast to skyrocket in 2020 and consumers are increasingly turning to mobile to make purchases and online transitions, businesses must consider the unique fraud threats they face on mobile devices.
Defenx PLC (LON:DFX), founded in 2009 and listed on the London Stock Exchange, is an up-and-coming company in the mobile security sector which offers a wide range of solutions for the protection of smartphones, desktop PCs and laptops.