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Invoice and CEO Scams Dominate Fraud Affecting Businesses
May 30, 2023, 2:17 p.m. |
DataBreachToday.co.uk RSS Syndication www.databreachtoday.co.uk
Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance. About 40% of losses tied to authorized push payment fraud, in which victims get tricked into transferring funds to attackers.
britain businesses ceo finance financial financial services fraud losses payment payment fraud scams sector services trade
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