The report talks about facts on the level of fraud, and its awareness in the country and aims to help marketers benchmark their exposure to various kinds of fraud.
Moneka Khurana, Country Head, MMA India said: “In our country, the awareness on ad fraud risks is very low with almost a fifth of the marketers being unclear of their ad fraud budget and majority of them believing that fraudulent activities will only increase. Brand safety on mobile is the biggest concern today and this benchmark report clearly demonstrates that this needs immediate addressal. Marketers will need to be extra cautious to attacks such as ad injections, data fraud, cookie stuffing, etc. Marketers must understand the potential of technologies such as Blockchain that can help solve issues related to fraud and create security and transparency in mobile marketing ecosystem.”
This report has been published in collaboration with a leading research firm Decision Lab, with the objective of understanding the current industry practices around ad fraud and the methods adopted by marketers. It also highlights the rising and prevalent issues such as adware traffic, ad stacking, domain spoofing, that will help marketers understand organizational challenges and combination of various measures to tackle the problems effectively.
The report said that with a rate of 62 per cent, mobile ad fraud remains as one of the biggest challenges in India. Indian marketers spend nearly 20 per cent of their advertising budget on ad fraud. 9/10 marketers feel there is scope for improvement in ad fraud prevention methods. 95 per cent respondents feel that lack of penalties and transparency in industry regulations gives rise to ad fraud. 95 per cent respondents agreed that lack of data sharing and large number of middlemen is also a cause to ad fraud risks.
Major types of ad fraud - Cookie Stuffing (74 per cent), Adware Traffic (65 per cent), Data Fraud (61 per cent), Ad Injection (54 per cent)·
The report said that only 37 per cent respondents are aware of Blockchain and its application to fraud prevention.