Banks & Credit Unions

  • Financial institutions lost over $2.2 billion to fraud.
  • One dollar of fraud costs Financial institutions approx $2.92.
  • 200% increase in fraudsters shifting money from consumers' existing financial accounts into new accounts.
  • Account takeover tripled with 1 in 8 new account being fraudulent.
  • New account fraud increased by 70%.


  • 38% incease in fraud with 2.5 million victims losing nearly $1.5 billion.
  • Consumers lost $488 million to imposter scams.
  • 6.5 billion consumer fraud attacks.
  • 69% of consumers are concerned about fraud, a 18% increase from the previous year.
  • Consumers said they lost nearly $1.48 billion in fraud.
  • 33,000 Americans had unresolved identity theft issues.
  • 96,000 ID victims borrowed money from family and friends to pay bills.
  • 16 hours on average to fix a fraud / ID theft incident.
  • Average cost of an attack for a company with 10 - to 24 employees was $38,437.

Most Popular Topics

Who we help:

Marketing Managers
Retail Banking
Fraud Investigators
Risk Managers
Digital Media Managers
Compliance Officers
Branch Managers
Social Media Managers

Product components:

Article Library
Facebook Tab
Twitter / Social Media Content
Fraud Article Search
Fraud Alerts & Latest News
Web Site Security Section
Blog Content
Online Quizzes

Use scenarios:

Web & Mobile Web Site Content
Front Line Operator Support
Branch Location Materials
Content for Seminars & Training
Digital Communications
Small Business Support
Social Media Content
Online Banking Support

Fraud we prevent:

Identity Theft
Account Takeover
New Account Fraud
Elder Financial Exploitation
Data Breaches
Compromised Credentials
All Types of Online Scams
Real World Fraud (ATM, Check, etc.)


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