Every Rand Lost to Fraud in South Africa Costs Firms R3.64 According to LexisNexis True Cost of Fraud Study

LexisNexis Risk Solutions South Africa

Fraud has increased for 49% of South African organizations year-on-year.For the first time in EMEA, digital channels account for more fraud losses than physical channels.Almost all South African organizations say fraud is affecting their customer conversion rates.View original content:https://www.prnewswire.co.uk/news-releases/every-rand-lost-to-fraud-in-south-africa-costs-firms-r3-64-according-to-lexisnexis-true-cost-of-fraud-study-302118732.html