Fraud Prevention: The Ongoing Challenge | Global Blog

Fraud Prevention – From cyber-threats and data breaches to social media scams and mobile attacks, fraud is rampant and rapidly growing. It is an understatement to say that security  breaches are a significant issue. Attackers are moving faster, getting smarter, and becoming more agile in their efforts to steal sensitive customer data—with no signs of slowing down. In 2014, more than one billion records were breached worldwide, a 78% increase from the previous year (Gemalto and SafeNet, “Breach Level Index Annual Report,”, 2014. Actual number of records breached: 1,023,108,267) .

Organizations are constantly challenged with staying one step ahead of fraudsters to protect customer information, company brand image, and revenues. It is unrealistic to think that any organization is immune to attack. One fact is clear: fraud attacks will continue to be a norm in the business landscape, and companies need to be ready.

To know more, access the Report  – Report Raising the Bar on Fraud Prevention at

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