Digital fraud is escalating as AI and digital technologies empower increasingly sophisticated cyberattacks like the 2015 Carbanak heist. Losses are projected to grow from $12.3B in 2023 to $40B by 2027. Financial institutions must go beyond fragmented tools and invest in integrated fraud risk management that combines technology, human expertise, and cross-functional coordination. Deloitte’s Digital Fraud Services offers strategies to build a more resilient fraud prevention ecosystem.

Join for free to read