Fraud attacks in financial services surged 17% in 2023, with payment and account creation fraud being the top threats. Mobile channels and automated bots played a key role.

#CyberSecurity #RegTech #FinancialServices
https://fintechnews.sg/101575/regtech/fraud-attacks-financial-services-payment-account-creation-fraud/

Digital Fraud Attacks Rise 17% in Financial Services, Driven by Payment and Account Creation Fraud - Fintech Singapore

Cyber and fraud attacks in Financial Services are increasing globally. A new report by LexisNexis Risk Solutions provides more insights.

Fintech Singapore