The New Age of Financial Fraud: Understanding Risks in Electronic Banking
The New Age of Financial Fraud: Understanding Risks in Electronic Banking https://domrisk.com/wp-content/uploads/2023/11/biz-fraud-2-1024x536.jpg 1024 536 Dominion Risk https://domrisk.com/wp-content/uploads/2023/11/biz-fraud-2-1024x536.jpgBusiness Fraud in the Digital Age: Part 1 Over the past decade, businesses have been moving their payment and treasury services to the cloud, online banking systems, and to electronic payments. That has led to an entirely new set of exposures to fraud. Ironically, there is also a surge in forgery claims as people have sought to pay bills with checks to avoid cyber-related fraud. The banking and payments system is constantly evolving and so…
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