Lessons from the fraud classroom

You’ve heard the saying, “Every day is a school day” and 2022 held no shortage of intense learning, education-on-the-spot scenarios for the fraud and bond arena.

• We experienced a surge in cybersecurity threats during the height of the Russian invasion of Ukraine. 
• The number of wrongful termination lawsuits spiked.
• More than half of Americans were victims of payment app fraud.
• Social engineering got cleverer. 
• Card fraud got harder to pin down and prevent. 

Wow, that was all in one year? It sure was.

 

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