CHICAGO—Stores aren’t the only ones scrambling to keep up with COVID-19 changes.
Fraudsters are equally frazzled about finding ways to target their victims, according to a new report.
The report from TransUnion found online fraud has dropped 9% since the beginning of the pandemic (March 11-May 18 vs. May 19-July 25).
As CUToday.info reported, online fraud spiked in the early days of the health crisis.
“This is most likely the result of businesses reopening, creating a shift from online shopping back to in-person shopping. Conversely, COVID-19 related fraud has increased 10% from April 13 to July 27,” LowCards.com reported.