Experian revealed five emerging fraud threats facing businesses in 2021. The Federal Trade Commission released that consumers reported over 275,000 complaints resulting in more than $210 million in COVID-19-related fraud loss. The rapid increase in digital use created a perfect storm for fraudsters to capitalize on consumers’ lack of familiarity with digital platforms and the resource constraints faced by many businesses. To help businesses prepare for fraudulent activity in 2021, there are five fraud threats businesses should be aware of this year.
Source: https://www.helpnetsecurity.com/2021/01/12/five-emerging-fraud-threats-2021/