Cybercriminals continue to evolve their methods and as a result, fraud reports and losses continue to climb. In 2023, fraud losses exceeded $36 billion and the Nilson Report forecasts $397.4 billion in credit card fraud losses over the next 10 years.
Read this whitepaper to learn:
- Evolving attack methods including social media scams and ChatGPT phishing
- Losses and capital requirements impacting credit card program profitability
- Strategies to protect your cardmembers and mitigate fraud
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