Whitepaper
Fraud in 2024: Exploring Emerging Trends & Best Combat Strategies
As fraud cases surged in 2023, global concerns hit a critical peak. Fresh data from the FTC unveiled a significant rise in fraud losses, exceeding $10 billion—a historic 14% surge from the previous year. This alarming trend isn't limited to the United States; the United Kingdom saw its fraud losses go more than double. Despite consistent reports of fraud, its evolving nature adds complexity, signaling a worrying shift towards more financially damaging incidents, potentially driven by advanced technologies.
In this comprehensive whitepaper, we present a range of strategies and solutions tailored to tackle the threat of fraud in 2024. Join us as we explore these topics and learn how to stay safe from fraud in the coming year:
• Concerning Fraud Trends and Numbers
• Evolution of Sophisticated Frauds
• Shifting Fraud Liability to Financial Institutions
• Fighting Fraud using the SAFE Approach
