WEF_Special_Edition_European business magazine spring 2022_web

Page 68

A $50 BILLION PROBLEM: What You Need to Know About Ad Fraud

A

new study from Juniper Research, an independent UK based researcher, forecasts that advertisers will lose $42 billion of ad spend globally this year to fraudulent activities committed via online, mobile and in-app advertising. To be more specific, for every $3 spent on digital ads, $1 is lost to fraud.This is a 68 europeanbusinessmagazine.com

21 percent increase from the $35 billion lost to ad fraud in 2018. According to the World Federation of Advertisers (WEF), such numbers mean that up to 30 percent of advertising is unseen by consumers, affecting about 21 trillion online ads annually. The WEF predicts that ad fraud will become the biggest market for

organized crime by 2025, worth $50 billion. Such an increase will be influenced by differing factors but the main one will be the fact that fraudsters will start to rely on more advanced techniques such as spoofing ad networks to falsify clicks, or exploiting the programmatic ad buying


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Building Remote Partnerships

21min
pages 91-100

Schroders, Aviva and other UK asset managers seek to profit from demand for biodiversity-focused investment products

4min
pages 84-85

AI In Banking: Hype Or Revolution

5min
pages 88-90

Building a finance function from the ground up

3min
pages 86-87

Cryptocurrencies: Why they’ve crashed and what It may mean for the future

3min
pages 82-83

Venture Capitalists Pour Into NFTs

6min
pages 80-81

Not all Intent Data is created equal

5min
pages 78-79

What You Need to Know About Ad Fraud

8min
pages 68-70

Is the metaverse as disruptive as it should be

5min
pages 66-67

How shops and retailers use psychology tricks to influence your purchasing decisions

4min
pages 64-65

European Business Magazine talks to Esha Mansingh

25min
pages 54-61

Aciety Is Solving The Talent Shortage In The Blockchain Technology Sector

4min
pages 52-53

Ukraine war’s surprising links to the 2008 financial crisis – and the parallels with 1939

5min
pages 62-63

What the explosion in Uranium prices means for the nuclear industry

5min
pages 50-51

Things that economists know, but sound wrong to other people

5min
pages 48-49

The truth about the ‘great resignation’

4min
pages 46-47

Global AI-powered Order-to-Cash platform

7min
pages 41-43

Global Coordination Could Unlock more Efficient Trade, New TradeTech Report Reveals

5min
pages 38-39

Private equity firms can be catalysts to fighting climate change, here is how

4min
pages 34-35

News

49min
pages 8-26

Why Businesses which are being hit by tax hikes and higher energy costs will hurt the poor

2min
page 40

Between a rock and a hardpalce

6min
pages 28-29

Davos Agenda Closes with Calls for New Models of Public-Private Cooperation

6min
pages 44-45

Preparing for the wave of Covid Related Disputes to hit

3min
page 27
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