The Paris 2024 Olympics have gotten attention from fraud experts, particularly the fake ticket scams associated with the high-profile global event. For context, the Tokyo 2020 Olympics saw an estimated 450 million attempted cyber attacks (2.5x higher than the 2012 summer games).

Identifying risky merchants and writing rules to prevent fraudulent transactions is the name of the fraud prevention game, but for many financial institutions, that is an extremely reactionary process, based solely on data gathered internally.