American Bankers Association: Fraud losses tied to fraud against bank deposit accounts increased 12 percent from 2012 to 2014. The ABA argues that banks are making significant strides in their fraud prevention efforts. Fraud losses linked to debit compromises accounted for the greatest industry loss, at 66 percent, followed by check fraud, 32 percent of overall loss. ABA’s findings make sense, as banks are not necessarily good, on a year-over-year basis, at gauging, measuring and allocating fraud losses to specific categories.”]
Source: https://www.cuinfosecurity.com/blogs/aba-fraud-losses-are-up-but-dont-blame-banks-p-2048