Multifactor Authentication

The Top Types of Fraud in 2022

Fraud within the e-commerce space alone sees almost £17.5bn in losses each year, while large digital lenders (over $50mn annual revenue) face 50% more fraud attempts than non-digital ones.

Increased digitization, increased fraud risk

Sadly, whenever technology advances to create more accessibility, efficiency and productivity, security risks also advance. Fighting it must start with educating customers so that measures and necessary behaviour changes are fully understood.