Been a victim of fraud or financial crime? If not, bet you know someone who has.
Well, that’s no surprise as in our increasingly digital world, sophisticated criminal activity is taking advantage of individual vulnerabilities, and exploiting weaknesses in our global financial infrastructure generating huge personal and institutional losses.
In the first half of 2021 more than £750 million was stolen through fraud in the UK.
Perhaps that’s why the UK has been branded the ‘bank scam capital of the world’.
The US and elsewhere are not far behind; Americans lost around US$30 million to phone scams alone over the last year, and online fraud attempts are up 25%.
As the world leader in fraud and money laundering prevention technology, we thought it essential to join forces with the ACFE and the many other fraud fighting heros around the world to raise awareness of fraud and help reduce its impact.
Throughout International Fraud Awareness Week, we’re bringing you fraud insights and expert commentary from the smartest industry specialists, data scientists and machine learning technologists to help unite us in the fight against fraud, and outsmart the criminal.
Only the adaptive survive.