Application Security & Online Fraud
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Finance & Banking
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Fraud Management & Cybercrime
Bolster Identity Controls With Intelligence and Anomaly Detection, Experts Urge
Fraudsters are having a field day as the pandemic persists, with experts warning that scams targeting consumers and businesses remain at record-high levels.
In 2020, scams made up 60% of net fraud losses in the U.K. and Australia, according to a Reuters report. In the U.S, scam calls in the financial sector more than doubled from 1.1 billion in December 2020 to 2.5 billion in January 2021, wireless network operator T-Mobile found.
See Also: Live Discussion Today | The Toll of Identity Sprawl in the Complex Enterprise
To combat such attacks, experts…
