FTC Receives More Than 2.1M Fraud Reports in 2020
In May 2020, Chris Gerda, Risk and Fraud Prevention Officer at Bottomline, warned that fraudsters had “significantly expanded” their online campaigns to include messaging linked to COVID-19. Fast-forward 9-months, and the Federal Trade Commission reports that consumers lost $3.3 billion to fraud in 2020.
Read ArticleYou might also like