Study Finds Half of Risky Online Transactions Come from Mobile Device

PORTLAND, Ore.—About half of all risky online transactions appear to be coming from a mobile device, according to a new report.

An iovation study shows that in the first half of 2019, 49% of all risky transactions came from mobile devices, up from 30% in 2018, 33% in 2017 and 25% in 2016.

iovation said it arrived at its findings by analyzing the 30 billion online transactions it evaluated for fraud from January 2016 to June 30, 2019, Help Net Security said.

Other study findings:

  • The top continents for mobile fraud: So far in 2019 it is North America with 59% of all risky transactions coming from mobile devices. In 2018, it was Asia at 53%. In 2017, it was North America with 55%. In 2016, it was North America again with 36%.
  • The top countries for mobile fraud: Gabon leads so far in 2019 with 85% of all risky transactions coming from mobile devices. It 2018, it was Japan with 79%. Papua New Guinea led in 2017 with 86%. In 2016, it was Bangladesh with 59%.
  • The top industries for mobile fraud: So far in 2019 it is telecommunications with 75% of all risky transactions coming from mobile devices. In 2018, it was gambling with 60%. Communities (for example social networks or online dating sites) led in 2017 at 59%. In 2016, it was healthcare with 58%.
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