The impact of fraud on businesses goes beyond financial losses. It also affects consumer perception and engagement – 77% of Indian consumers claim that experiences of fraud have affected their satisfaction levels and 78% notice its impact on customer conversion.
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Every Dollar Lost to Fraud in Australia Costs Firms AUD$3.68 According to LexisNexis True Cost of Fraud Study streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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/PRNewswire/ LexisNexis® Risk Solutions unveiled the findings of the seventh edition of its annual LexisNexis® True Cost of Fraud™ Study: Financial Services.