Identity - Compliance - Fraud 2014 Fraud Report Trends
11/19/2014
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2014 Fraud Report Trends #1 – Increase in Suspected Fraud Attempts • The rise in the amount of survey respondents reporting suspected fraud in 2013 to 2014 is significant.
2014 Fraud Report Trends #2 – Fraudsters Continue to Target Website Applications
2014 Fraud Report Trends #3 – Credit, Debit & Prepaid Card Fraud Remains a Concern
2014 Fraud Report Trends #4 – Customer Awareness of Fraud Increases • In 2014, survey respondents were less likely to say that “Lack of Customer Awareness” was a challenge to fraud prevention. • 35% in 2014 vs. • 44% in 2013
2014 Fraud Report Trends #5 – Fraudsters Continue to Shift Tactics • The shifting tactics used by fraudsters remains the #1 industry challenge for fraud prevention receiving 73% of the response which is also an increase from 60% in 2013.
2014 Fraud Report Trends #6 – Small Dollar Fraud Prevails
Now is the Time to Act!
For more fraud trends, download the IDology 2014 Fraud Report at: http://ww2.idology.com/lp/2014fraudreport.html
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