According to Javelin’s 2020 Identity Fraud Report, financial institutions’ methods to identify and respond to fraud are no match for criminals’ high-tech schemes to hijack consumer accounts. Fraud losses grew 13 percent in 2019 to $16.9 billion even as instances of fraud fell from 14.4 million in 2018 to 13 million in 2019, which resulted in …
The ISBuzz Post: This Post Expert Reaction On Researchers Find Fraud Increasing appeared first on Information Security Buzz.
Advertise on IT Security News.
Read the complete article: Expert Reaction On Researchers Find Fraud Increasing