Crime is on the rise globally, and payment fraud is at an all-time high. According to the 2019 AFP Payments Fraud and Control Survey, 82% of organizations reported fraud incidents in 2018, and 43% experienced direct financial loss as a result.
Even before working remotely became a necessity, cybersecurity attacks, including malware, ransomware, and phishing attacks that provide criminals with access to sensitive customer and financial information, were rampant. More than 4.1 billion records were exposed in the first half of 2019, alone, and U.S. companies were among the hardest hit by attacks.
Now more than ever, it’s critical for companies to protect themselves and ensure their customers’ privacy by following security best practices.
The good news? We’re here to help by providing some information on how to recognize and prevent common types of fraud attacks.
Download this guide to learn how to keep both you and your organization safe.