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Every Dollar Lost to a Fraudster Costs North America's Financial Institutions $4.41 According to LexisNexis True Cost of Fraud Study From LexisNexis Risk Solutions
April 24, 2024
ATLANTA, Georgia, April 24 (TNSres) -- LexisNexis Risk Solutions issued the following news release:

LexisNexis(R) Risk Solutions unveiled the findings of the seventh edition of its annual LexisNexis(R) True Cost of Fraud(TM) Study: Financial Services and Lending Report -- U.S. and Canada Edition. The report, based on a commissioned study conducted by Forrester Consulting, reveals 63% of financial firms reported an overall fraud increase of at least 6% within a 12-month period, with . . .

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