Upsurge: Future Business Scope with COVID-19 Impact analysis on the Global Fraud Detection and Prevention Market
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Sep 21, 2020 (PRNews Times via COMTEX) —
The fraudulent activities are on the rise with the progressive global outlook and technological advancements. Everything has gone online from banking transactions to data storing and online shopping. The popularity and acceptance of innovative technologies and complex organizational structure has made the global and business corporations susceptible to deceitful activities. According to a 2014 research by Global Nation, organizations loses 5% of its annual revenue due to fraudulent activities, of which 85% of cases committed by internal employees.
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Factors Enhancing the Growth of the Market
The huge number of online and mobile banking services has elevated the ways people take care of their finances. However, it has also given