Mobile Purchase Fraud on the rise

A new study by Lexis Nexis, a digital risk management company, says mobile purchase fraud is on the rise. The study reports that the money stolen through mobile transactions went up 70 percent last year when compared to 2013. Concerns over mobile transactions have made it to congress and President Barack Obama has proposed a group of bills aimed at mobile fraud.

See the full report, including CISE’s Dr. Patrick Traynor.