It's not just consumers that fall victim to scams, according to a new report from the Better Business Bureau, businesses are ...

The Reserve Bank of India (RBI) has issued an advisory to banks for the integration of the Financial Fraud Risk Indicator, a ...

A revelation in the report was the explosive rise in suspicious transaction reports (STRs) received by the FIU. Between 2022 and 2023, STRs surged by 68%, from 107 reports in 2022 to 180 in 2023.

The Enterprise Fraud Risk Assessment (Practice Note) has been developed by the Government Counter Fraud Profession (GCFP) Centre of Learning, operating out of the Public Sector Fraud Authority. It ...

According to FITC, the report highlights a staggering 50 per cent increase in fraud-related financial losses and a 100 per cent surge in digital fraud incidents between Q1 and Q3 of 2024, calling ...

Next, practice robust risk assessment. Consider how much risk you can tolerate and diversify your investments accordingly. Investment diversification can safeguard your portfolio against potential ...

ATOs affected almost 30% of American consumers and caused $13 billion in financial losses in 2023. Other researchers have found that 28.7% of all fraud in 2023 was third-party account takeover.

By Yaw Appiah LARTEY, Nii Asafoatse ABBEY & Ewurakua ABRAHAM Small and medium enterprises (SMEs) are vital for economic growth, especially in developing countries, but are particularly vulnerable to ...

A report by the Association of Certified Fraud Examiners (ACFE) 2024, highlights that smaller budgets and revenue make SMEs more vulnerable to the impact of fraud compared to larger organisations.

HOBOKEN, N.J., July 03, 2024--NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that it has been named a Leader in the "IDC MarketScape: Worldwide Enterprise Fraud Solutions 2024 ...