When fraudsters collude, the losses to the victim organization increase more than fourfold.

Name: When fraudsters collude, the losses to the victim organization increase more than fourfold.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

When fraudsters collude, they are able to create more complex and coordinated schemes, leading to greater losses for the victim organization. Research has found that losses increase by over four times when fraudsters collude compared to when they act alone.

When Fraudsters Collude, the Losses to the Victim Organization Increase