Massive CTV Advertising Fraud Scheme Detected

Another even larger advertising fraud scheme has been detected in the fast-growing but apparently vulnerable connected TV space. Dubbed ParrotTerra, the scam has managed to divert ad dollars by spoofing 3.7 million devices and 2.7 million IP addresses per day. DoubleVerify, a fraud monitoring service, estimates that ParrotTerra was on track to steal $30 million to $50 million.