Digital Advertising Fraud Will Cost $68 Billion

A new study from Juniper Research has found that the value of digital advertising spend lost to fraud will reach $68 billion globally in 2022; rising from $59 billion in 2021. 

The comprehensive research identified the top 5 countries most impacted by advertising fraud, which together account for 60% of global losses:

The new research, titled Digital Advertising Fraud, found that those advertising in the US will potentially suffer the most in financial loss due to fraudulent activity, with total losses in the US expected to surpass $23 billion in 2022.

Countries suffering significant advertising losses to fraud are, in descending order: The US,  Japan, China, South Korea and Britain. 

US To Account For 35% Of Ad Fraud Losses In 2022

The US represents the largest market for digital advertising spend, with high levels of Internet penetration and elevated mobile app and browser usage presenting strong opportunities for the display of promotional content.

Juniper's Senior Research Analyst  Scarlett Woodford commented “With the US representing such a significant market in terms of advertising spend, campaigns in North America will undoubtedly attract the attention of fraudulent players. This will lead to unprecedented innovation in fraud tactics within the US, with advertisers demonstrating a greater requirement for fraud detection and mitigation services.”

Fraud Detection & Mitigation Key To Tackling Fraud

In response to the rising threat of ad fraud, the report urges digital advertisers targeting these five markets to form strategic partnerships with ad fraud detection and prevention vendors capable of distinguishing between valid and fraudulent advertising traffic that provides no return on ad spend.

It found that the most successful ad fraud detection tools will harness machine learning algorithms to compare advertising traffic with previously observed, verifiable baseline data. As a result, the report urges advertisers to adopt fraud and mitigation solutions to maximise return on ad spend through the earlier detection of new fraud tactics.

Juniper Research

You Might Also Read:

Digital Advertising Is A $Billion Ripoff:

 

« The Most Expensive Data Breaches
CYRIN Enters A Strategic Alliance With Cyber Ireland »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

FT Cyber Resilience Summit: Europe

FT Cyber Resilience Summit: Europe

27 November 2024 | In-Person & Digital | 22 Bishopsgate, London. Business leaders, Innovators & Experts address evolving cybersecurity risks.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

IT Governance

IT Governance

IT Governance is a leading global provider of information security solutions. Download our free guide and find out how ISO 27001 can help protect your organisation's information.

The PC Support Group

The PC Support Group

A partnership with The PC Support Group delivers improved productivity, reduced costs and protects your business through exceptional IT, telecoms and cybersecurity services.

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

Igloo Security

Igloo Security

Igloo Security is a leader and pioneer in SIEM (Security Information & Event Management), PSIM (Physical Security Information Management) and MSS (Managed Security Services).

Oxford BioChronometrics

Oxford BioChronometrics

By building profiles based on electronically Defined Natural Attributes, or e-DNA, Oxford BioChronometrics protects digital networks, communities, individuals and other online assets from fraud.

Cellopoint

Cellopoint

Cellopoint is a leading manufacturer of information security and email lifecycle management (ELM) products.

Communications Authority of Kenya

Communications Authority of Kenya

The Authority is responsible for facilitating the development of the information and communications sectors including; broadcasting, telecommunications, electronic commerce and cybersecurity.

Telelogos

Telelogos

Telelogos is a European provider of Enterprise Mobility Management software, Digital Signage software and Data Transfer and Synchronization software.

Combis

Combis

COMBIS is a regional high-tech ICT company focused on the development of application, communication, security and system solutions and the provision of services.

Hardenite

Hardenite

Hardenite solution helps R&D, DevOps and IT teams to continuously manage security risks and hardening efforts of any Linux OS – based product, throughout the product life cycle.

SparkLabs Cyber + Blockchain

SparkLabs Cyber + Blockchain

SparkLabs Cyber + Blockchain accelerator is located in Washington D.C. which is one of the world's top cybersecurity ecosystems.

Bechtle

Bechtle

Bechtle is one of Europe’s leading IT service providers offering a blend of direct IT product sales and extensive systems integration services.

Quantexa

Quantexa

Quantexa automates millions of operational decisions, at scale, across multiple business units, including Anti-Money Laundering, Know-Your-Customer, Fraud, Credit Risk and Customer Intelligence.

Automation Workz

Automation Workz

Automation Workz has been ranked as a top 10 Cybersecurity Bootcamp in the US by Career Karma.

HADESS

HADESS

We are "Hadess", a group of cyber security experts and white hat hackers.

Francisco Partners

Francisco Partners

Francisco Partners provide capital, expertise, and support for growth-aspiring technology companies.

The Hacking Games

The Hacking Games

The Hacking Games' Mission is to inspire, educate and mobilise a generation of ethical hackers to make the world a safer place.

Ionize

Ionize

Ionize offers solutions to help you uplift your capability across the full-spectrum of cyber security - assessment, remediation, monitoring, governance and ongoing education.

Keeran Networks

Keeran Networks

Established in Edmonton in 1999, Keeran specializes in delivering comprehensive IT support and solutions aimed at optimizing technology investments for businesses.