When considering fraud from a business perspective, it is important to assess the breadth of use cases available to fraudsters. As businesses globally continue to move toward a digital-first approach, significant challenges accompany the opportunities on offer. According to the World Economic Forum, revenue estimates from illegal activity sit at between 2-5% of global GDP, at around $2 trillion USD.

https://www.smeweb.com/2023/03/14/top-tips-to-prevent-sme-fraud/