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Risk and Fraud

How financial institutions and their customers can prevent account takeover fraud

· 1 minute read

· 1 minute read

In 2023, online fraud, including identity theft and data breaches, led to $10 billion in losses. Financial institutions are urged to bolster defences against account takeovers, where criminals exploit customer accounts for illegal purposes. Keep up-to-date with all the recent developments on how financial institutions can protect their services from fraudsters.

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If you want to learn more about preventing account takeover, digital identity fraud, new account fraud, and other types of unauthorized fraud, you can read our recent white paper.

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