New Study Shows the True Cost of Fraud Now Exceeds $5 for Every $1 Lost
Key takeaways:
The total cost of fraud now exceeds $5 for every $1 of direct fraud loss in both the U.S. and Canada.
More than one-third of retailers reported significant revenue losses from fraud, while over half experienced increased customer churn tied to fraud prevention efforts.
Organizations with mature, multi-layered fraud prevention strategies are achieving stronger fraud detection and better....