Remove tag cyberfrauds
article thumbnail

Digital Fraud Is An Inside Job

PYMNTS

Try wrapping your mind around the price tag of the average corporate data breach at $3.92 What’s a “low-tech approach” to cyberfraud? Card-not-present theft — like when rideshare charges from a city you’ve never visited appear in your banking app — is traumatic enough for the typical person. million per incident.