Study: 66% of companies face higher financial losses from digital fraud
A recent study cited by Moneycontrol reveals that 62% of businesses have experienced a surge in fraud attempts, with 66% noting that their financial losses from these incidents are climbing annually due to escalating digital risks. The research gathered insights from 109 high-level fraud management executives across India. Findings indicate that Authorised Push Payment (APP) fraud is the primary concern, with identity theft and money mule operations following closely behind.
by shortkt.com✓