Information Age: Half of UK organisations have been victims of fraud – study finds

February 22, 2018 — Half of UK organisations have been victims of fraud – study finds

Robert Capps, VP at NuData, comments on a report issued yesterday by Information Age disclosing the results of the new PwC study, including that more than half of all organisations in the UK have become victims of identity fraud.

The magnitude of these losses can’t help but have a dampening effect on the UK economy and on those businesses who are experiencing losses of over £72,000. It’s also bad news for customers, who often bear the brunt of many direct costs (especially in account takeover and identity theft).

For the complete article, go here.