A single case of occupational fraud costs the victim organization an average of more than $1.5 million, says a new report from the Association of Certified Fraud Examiners (ACFE).

The Federal Communications Commission proposed a $225 million fine against Texas-based health insurance telemarketers for making approximately 1 billion illegally spoofed robocalls.

Fraud and economic crime rates remain at record highs, impacting companies in more ways than ever. PwC's bi-annual survey of business crime reports that fraud committed by customers tops the list of all crimes experienced (at 35%), up from 29% in 2018.

A new Jumio report says that new account fraud has more than doubled since 2014, despite a seasonal decrease during 2019 Black Friday/Cyber Monday weekend

Pindrop®'s annual Voice Intelligence Report has uncovered skyrocketing fraud rates, with 90 voice channel attacks occurring every minute in the U.S.

Fraud increased 30 percent overall in Q3 2019 and bot-driven account registration fraud is up 70 percent as cybercriminals test stolen credentials in advance of the holiday retail season.

A dollar of retail fraud now costs merchants about $3.13 to deal with on average, according to data from LexisNexis Risk Solutions.

U.S. retail fraud grew significantly during the past year for businesses of all sizes, with fraudsters adding small business targets, which typically utilize less anti-fraud solutions than mid-to-large sized merchants.

The 2019 Identity Fraud Study, by Javelin Strategy & Research, reveals that complex and sophisticated fraud types remain at elevated levels, despite widespread adoption of anti-fraud measures.