Bots

Pixalate Says it Uncovered ‘Sophisticated’ Android Ad Fraud Potentially Worth $75 Million Annually

Ad safety company Pixalate has uncovered what it says is a ‘sophisticated’ mobile app fraud potentially costing advertisers up to $75 million a year if allowed to run unchecked.

The company says it discovered that Android app, MegaCast which allows users to broadcast content to Google’s Chromecast, was using ‘mobile app laundering’ to generate fraudulent ad impressions.

Inside Adform’s ‘Hyphbot’ ad fraud takedown - TheDrum

Read this article from Ronan Shields of The Drum, in which the operation of "Hyphbot" is described. Hyphbot is the name of a botnet discovered by Adform, estimated to be generating revenues of $500,000/day. Adform's CRO, Jay Stevens, called Hyphbot a "call to arms" for the adtech industry.

Adform consulted MMI for peer review prior to the publication of their findings. 

Ad Fraud Everywhere - Software Engineering Daily

Listen to Shailin Dhar's interview on the Software Engineering Daily Podcast. The focus of this podcast is how bots and poorly aligned incentives lead to systemic failures and significant financial loss for brands who purchase advertising.