How to Protect Peer-to-Peer Platforms from Fraud
As sharing economy platforms have risen in popularity, they’ve been hit with a rise in fraud as well. Bad actors pose as fake consumers, hack into legitimate accounts, and set up bogus profiles as a service provider in order to scam and cheat real users of these platforms. Trust is critical to the continuing success of the sharing economy, which is why securing these platforms from malicious actors is of the utmost importance.
Download this solution brief to learn:
- How fraudsters exploit consumer trust in P2P platforms for financial gain
- Why traditional fraud mitigation solutions are ineffective against today’s attacks
- How to stop fraud at the front door while still enabling a great user experience