Financial Fraud Costs Businesses Billions Of Dollars Annually

Cyber risks are becoming more complex, notes Nasser Chanda. He discusses the costs of financial fraud in focus. He talks about how financial fraud costs businesses billions of dollars annually. He highlights that an estimated 65% of business face financial fraud attempts. He mentions that the Association of Certified Fraud Examiners 2022 report states that U.S. businesses will lose an average of 5% of gross revenues to fraud. He then goes over tools to combat financial fraud. Tune in to find out more about the stock market today.