In a recent study done by the Association of Certified Fraud Examiners titled "The next normal: Preparing for a post-pandemic fraud landscape" 51% of organizations have uncovered more fraud since the onset of the pandemic.
The coronavirus crisis has created the perfect climate for cybercriminals and the increase in attacks comes as the sophistication of cybercrime is increasing and the behaviour of cybercriminals is changing.
With cyber fraud and social engineering at an all-time high, and 71% of the institutions expect that the level of fraud impacting their organizations will increase over the next year, how can institutions safeguard their customers from these scams and build cyber resilience to improve their cybersecurity measures to minimize future risks?
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