Every year, millions around the world fall victim to fraud resulting in billions of losses. Studies show that these numbers are only going to increase over the next few years.
The evolving techniques of fraudsters, combined with the lack of knowledge and underestimation of one’s vulnerability regarding this, has shifted the point of weakness to customers. Scammers manipulate their victims into hot states and any prior awareness and education goes out the window. This is further exacerbated by the shame felt by these victims causing them to not talk about it, creating a never-ending cycle of fraud.
