As electronic transactions surge, it's boom time for tech fraud fighters

Pandemic pushes companies to police e-transactions; financial services firms and e-commerce companies are among the major drivers of demand

More people using the internet for financial and e-commerce transactions has led to job creation in a niche segment.

Specialists who can help deal with rising technology (tech) frauds are in high demand amid the surge in electronic transactions during the pandemic.

Demand for tech fraud experts has risen upwards of 35 per cent, reveals employment and human resource services company TeamLease Services.

Financial services firms and e-commerce companies are among the major drivers of demand. Many companies find it easier to outsource management of the issues to a consulting firm since building internal capabilities is seen to be more