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Financial institutions lost more than $1m to fraud in 2022, study reveals

By Puja Sharma

January 10, 2023

  • Alloy
  • API Security Platform
  • APP Fraud

Fraud continues to plague financial institutions of all sizes and across all segments. One-third of respondents said they experienced between 1,000 and 10,000 fraud attacks in the last twelve months Leading Identity Decisioning Platform, Alloy, released a report finding that 27% of respondents lost over $1 million to fraud in the last 12 months. 70% of […]

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