
The 2016 Annual Fraud Indicator, an industry report produced at the University of Portsmouth, estimated that fraud costs the UK £193 billion every year, with £144 billion attributed to business fraud. Having more financial services and more personal information online can entice fraudsters but companies can also leverage this information to monitor and reduce risk. Here, Greg Richards, Sales and Marketing Director of business intelligence specialist Connexica, looks at how organisations can employ analytics software to manage the risks of fraud.
- GREG RICHARDS, BUSINESS INTELLIGENCE SPECIALIST, CONNEXICA
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