90% of Americans are concerned about the rise in fraud
Briefly

The survey by Abrigo highlights a significant concern among Americans regarding fraud, with 90% expressing worry over its increase. Notably, of these, 51% are extremely concerned, reflecting a strong sentiment toward financial security.
45% of respondents indicated they had fallen victim to financial fraud, with credit card theft being the most prevalent at 53%. This indicates a troubling trend that emphasizes the urgency for greater protective measures against fraud.
Worries about money laundering are particularly high, with 71% of Americans concerned about its rise. This indicates a broader awareness of the complexities related to modern financial crimes that go beyond traditional fraud.
The impact of AI on fraud is a major concern, as 68% of Americans fear that advancements in AI technology may facilitate increased fraud activity, raising alarms about the intersection of technology and crime.
Read at Securitymagazine
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