The true cost of fraud is greater than the direct financial loss, given the time and expense to investigate, loss of productivity, potential legal and compliance costs associated with remediation, and impact on your institution's reputation.
When fraud scams within your community target your account holders, it can become a local news story.
With eFraud Prevention, you demonstrate your daily commitment to helping everyone avoid fraud scams and identity theft.
If your organization is in the news because of a scam impersonating your brand, you can repond to press requests by showing all you do to provide up-to-date education about fraud scams and identity theft.