BAI Featured Innovation

Social engineering scams: On the precipice of the scampocalypse

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Last year, social engineering scams increased 57% with an average loss of $1,029 per victim, according to BioCatch data. Legacy fraud controls are missing the mark in detecting real-time scams as all traditional indicators point to it being the legitimate customer. Download the latest research report from Aite-Novarica to learn more about the challenges of tracking and measuring scam activity and innovative solutions some financial institutions are using to solve the problem.

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