TransUnion sees rising digital fraud in Botswana
Friday, November 15, 2024 | 610 Views |
Seeing trends: Ramaselwana
Whilst Botswana ranks fifth lowest amongst 19 regions in terms of suspected digital fraud rates, specific industries, especially gaming, have faced heightened risks.
According to TransUnion’s State of Omnichannel Fraud Report of 2024, the gaming industry saw the highest levels of suspected digital fraud in Botswana during the first quarter, with 12.5% of gaming transactions flagged as suspicious. The financial services sector followed with a 3.9 percent suspected fraud rate, while retail saw 2.8 percent.
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