A report released by Experian reveals the five fraud threats that should be the focus of consumers, organizations and security leaders alike. The report warns that fraudsters are utilizing the latest technology to deceive their targets. More than 50% of consumers state that they feel more threatened by fraud attempts compared to a year ago, and 70% of organizations report an increase in fraud-related losses.
To defend against fraud in 2024, the report advises individuals and businesses to be alert for the following threats.