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Fraud Article
Beyond Numbers: Unraveling the Vast Scale of Online Fraud
The sheer level of fraudulent activity online poses a massive risk for businesses and customers. To help stay ahead of bad actors, discover recent research on key trends.
Due to illicit schemes including phishing, malware, and identity farming, the scale of online fraud today is vast and growing. As Veriff has witnessed, the countries, sectors, and device types most affected have changed over time, attesting to the ever-evolving practices of fraudsters.
When fraudsters strike, the losses made by businesses, government bodies, and other organizations can be massive, resulting in legal, financial, and reputational harm. As such, it is vital for organizations to take proactive steps to protect themselves – and their customers – from becoming victims.
Discover recent research from businesses which outlines the scale of online fraud today.
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To find out more about how Veriff’s fraud prevention solutions can help you address the threat to your business from bad actors, visit our Fraud Education Center.
