Optimizing Performance in the Banking Industry: Countering Fraud and Financial Crime Threats in 2023
The real cost of fraud: Understanding the impact of digital crime on the UK banking industry
Globally, in 2022, fraud returned to something closely resembling pre-pandemic levels. That said, with increased digital transaction volumes, the risk to organisations and individuals was even greater than before. Cybercriminals and fraudsters continued to show increasing sophistication — with stolen identity information at the centre of their strategies.