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

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 […]