The 5 Things Businesses Need to Know to Stop Online Fraud!

Want to hear a scary stat? Between 2018 and 2020, the average ransomware request grew by 3900%, rising from $5,000 to $200,000 [1]. Forget Peloton stocks, Bitcoin or GameStop shares, there’s no asset that’s grown by anything approaching that extent over the same period. Unfortunately, as online fraud becomes more profitable, fraudsters become richer, with some of those ill-gotten gains channeled back into the fraud attacks themselves, making them more sophisticated and difficult to stop.

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