Financial Crime Is More Common And Innovative Than Ever: Here’s What To Know

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ValueWalk

Financial crime and digital fraud have become a complex challenge for businesses and organizations as the global technology-driven economy is caught in the crossfire of soaring malicious online activity, complicating the volatile risks businesses operate amid tumultuous economic conditions. The pandemic helped reshape online and digital crime, in most part driven by an increase in social media users and higher levels of eCommerce purchasing. For fraudsters the conditions were perfect to engineer an environment under which they can thrive, leaving both consumers and businesses vulnerable to the…

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