India to see 65% rise in mobile frauds by 2017: Study

  |   India News

Rapid increase in use of computers and the emergence of the Internet has led to the evolution of cyberspace, about 40-45% of financial transactions are done via mobile devices and this menace is expected grow to 60-65% by 2017, noted a recent ASSOCHAM-EY joint study.

The study had further noted that mobile frauds are areas of great concern for companies as 40-45% of financial transactions are done via mobile devices and this threat is expected grow to 60-65% by 2017, noted the study titled 'Strategic national measures to combat cybercrime,' jointly conducted by ASSOCHAM and research firm EY.

To read full article - https://goo.gl/MXetu4