H2 2024 Update: State of Omnichannel Fraud Report

Trends and strategies for protecting organisations and consumers

Organisations face increasing revenue losses due to fraud. With fraud costing businesses an estimated 6.5% of revenue globally, an enterprise-wide approach to mitigate risks is essential. TransUnion’s update to the State of Omnichannel Fraud Report provides critical insights for fraud prevention leaders. 

Omnichannel fraud trends in the first half of 2024 highlighted in the report include:

  • Digital Fraud attempts in the Philippines were above the global average of 5.2%.
  • The Communities sector saw the highest rate of suspected fraud in the Philippines at 18.0%
  • The most common fraud scheme in the Philippines was phishing

To explore the Philippines' fraud landscape and how it compares to other markets, complete the form to download the full report.

Complete the form to download the full report

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