Covert fraud losses such as costs of resetting account credentials overwhelmed contact centers attending to customer complaints, and regulatory fines, accompany the upfront financial damage that businesses incur due to ineffective fraud prevention solutions. These hidden costs not only add to the overall financial losses but can also cause customer churn and damage to brand […]
The post Businesses Have to Bear Covert Fraud Losses Due to Subpar Defenses appeared first on Security Boulevard.
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