News Summary

• Major international sporting events like the World Cup are easy targets for criminals looking to exploit a combination of increased spending, high volume of transactions, and reduced caution.
• Ticket resale scams are one of the primary areas of risk, as ticket scalpers have digitally upgraded their methods.
• Travel booking and accommodation also pose a risk, particularly because the competition spread across different cities and countries.
• Financial institutions outside of host cities should watch out mostly for out-of-pattern online payments behavior, while banks should closely monitor in-person transactions such as cash withdrawals, transport, and accommodation expenses.