Was Methbot's Financial Impact Grossly Exaggerated?
In late December, the digital security firm White Ops released a report outlining a sophisticated video ad fraud scheme that it estimated was stealing $3 million to $5 million from marketers each day. The report generated an unprecedented amount of media coverage in outlets including CNN, The New York Times and CBS. However, as we at Protected Media were saying right from the start, the report's estimates of the financial impact of fraud were far lower than stated. In the words of Mike Zaneis, president and CEO of the digital ad industry's Trustworthy Accountability Group (TAG): "It was not millions of dollars a day, Not a chance." Click here to read the full article from Ad Age. Zac