An increase in the use of technology has also made it easier for fraudsters to feel 'ok' about committing fraud since they don't feel an affinity with their victims. (Photo: Shutterstock)
Consider these disturbing facts: 1) Fraud costs an average of $82 billion per year, 2) Twenty-five percent of the public believes it is acceptable to commit fraud, 3) There were 17 billion connected devices in 2018 and 50 billion devices today. These facts should raise a flag that fraud and technology should be on the strategic radar as immense losses result from suspicious claims.
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