Asian Spectator


The Times

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Every Dollar Lost to Fraud in Australia Costs Firms AUD$3.68 According to LexisNexis True Cost of Fraud Study

  • Written by PR Newswire Asia - Asian Spectator
Every Dollar Lost to Fraud in Australia Costs Firms AUD$3.68 According to LexisNexis True Cost of Fraud Study
  • Fraud has increased for 66% of Australian organisations year-on-year.
  • In APAC, digital channels account for more fraud losses than physical channels.
  • Four in five Australian organisations say fraud is affecting their customer conversion rates.

SYDNEY, April 29, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has unveiled the findings of its 2...

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