Today in Data: Battling Bank Fraud

By  |  July 11, 2022
 | 
puzzled woman seeing bank fraud

Today in data, while banking fraud is on the rise, security professionals worry fraudsters have better tech than they do.

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    $5.8B: Amount lost to fraud in 2021, a 70% increase from the year before

    65%: Share of security professionals who say the tech to which fraudsters have access surpasses the tools banks use to stop them

    41%: Increase in banking fraud incidents between 2021 and 2022

    3 in 10: Number of consumers who say they’d switch banks if fraud incidents were handled poorly

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