Canadians Expected to Lose More Than $569M to Scams in 2024
November 7, 2024 at 05:33PM In 2024, Canadian banks report a 34% decrease in fraud cases, but customers may still lose as much as $569 million, mostly due to high-value impersonation scams. BioCatch notes fraud strategies are shifting towards targeting fewer individuals for larger amounts, with younger victims emerging as primary targets. ### Meeting Takeaways … Read more