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The ride-hailing market is witnessing rapid growth, driven by the increasing demand for convenience and efficiency. According to Statista, revenue in this market is expected to reach US$165.60 billion by 2024. User numbers are also projected to increase significantly, reaching 1.97 billion by 2028.
However, fraud attacks against ride-hailing apps are also on the rise, threatening the success of the mobility-as-a-service industry. Fraud in ride-hailing apps involves fake accounts and the use of malicious tools such as app cloners and GPS spoofers. Both users and drivers employ various tactics to exploit these platforms for their own gain.
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However, fraud attacks against ride-hailing apps are also on the rise, threatening the success of the mobility-as-a-service industry. Fraud in ride-hailing apps involves fake accounts and the use of malicious tools such as app cloners and GPS spoofers. Both users and drivers employ various tactics to exploit these platforms for their own gain.
How fraudsters take advantage of ride-hailing app & how to protect it? | SHIELD
Discover how fraudsters exploit ride-hailing apps and learn effective strategies to protect against these threats.
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