Platform Frauds Are 57% of India’s Total Fraud Landscape

In the wake of the pandemic, the world has experienced an unprecedented shift towards remote work and digital transactions. While this has brought about convenience and efficiency, it has also given rise to a new form of economic crime that has left many businesses reeling: platform fraud.

Platform fraud has emerged as a major concern for organizations in India, as they increasingly rely on various digital platforms to conduct their business. From social media to e-commerce and enterprise platforms, these channels have become an integral part of daily operations. Social media connects individuals and businesses alike, while e-commerce platforms offer unparalleled access to goods and services.

Enterprise platforms, on the other hand, enable companies to interact with customers, process…