Memcyco Report Reveals Only 6% Of Brands Can Protect Their Customers From Digital Impersonation Fraud

Memcyco Inc., provider of digital trust technology designed to protect companies and their customers from digital impersonation fraud, released its inaugural 2024 State of Website Impersonation Scams report. Notably, Memcyco’s research indicates that the majority of companies do not have adequate solutions to counter digital impersonation fraud, and that most only learn about attacks from their customers.

More than half of all respondents (53%) said their existing cybersecurity solutions do not effectively address website impersonation attacks, and 41% said their …

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