WHITEPAPER • FINANCE

Impact of Fraud on Financial Institutions

According to the latest data from the Federal Trade Commission, reported consumer losses to fraud exceeded $10 billion in 2023—a historic high for fraud-related losses.

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Over 2 Million Fraud Reports

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Screen from Global Watchlists

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41% increase in fraud incidents

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25% of financial organizations reported $1M in fraud losses

Download our comprehensive report to learn more about how fraud is affecting financial institutions and discover strategies for effective fraud mitigation.

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