Fraud detection & prevention spending by financial institutions reaches $21 billion annually. Banks moving from active to passive verification.

Fraud detection & prevention spending by financial institutions reaches $21 billion annually. Banks moving from active to passive verification.

A new study by global tech strategists Juniper Research forecasts an 85% surge in fraud detection and prevention investment by 2030; rising from $21 billion in 2025 to $39 billion in 2030. This reflects the urgent need to combat evolving advanced fraud techniques, such as real-time injection attacks, where manipulated content is inserted during identity verification processes.  “Fraudulent actors […]

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