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Executive Brief

Executive Brief

Why Your Bank Is Better Off With Fewer Fraud Alerts

Executive Brief

Executive Brief

Why Your Bank Is Better Off With Fewer Fraud Alerts

As the cost of cybercrime escalates across all industries, banks are suffering the most:
In the past six years, the cost of cybercrime in the financial services industry has risen by $8.96 million to $28.33 million a year – more than any other industry.1 This rise in fraud translates into an avalanche of fraud alerts with the potential to inundate and overwhelm banks and their fraud investigators.

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