Organizations of all types experienced an increase in the threat level but it is clear that smaller businesses experienced a greater impact from automated schemes and attach methods. Larger firms are more likely to have payments modernization and banks have invested heavily in this area which reflects security concerns and new payment types.

Criminals took advantage of the pandemic and WFH environment with over 1/5th of respondents experiencing fraud related to Covid-19.

TF&C survey report asset screenshot

We asked over 330 corporate practitioners and bankers where their organization stands in the fight against fraud and gathered extensive data on fraud experiences, defensive and control plans, spending to protect their organizations and views on risks.

We have compiled our survey results into a comprehensive report where you can discover:

The current state of Treasury Fraud and Controls

Industry trends and peer benchmarks

Tips for improving your controls

Action items to combat fraud

Why it matters

87% indicated their perception that the threat level from fraud had increased from last year

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