Online Fraud Impact: UK Businesses Face Revenue Losses

April 22, 2025

Online fraud impact is a growing concern for businesses across the UK, with recent data revealing that an overwhelming 73 percent of fraud professionals acknowledge its detrimental effects on revenue.According to the UK Fraud Industry Pulse Survey from Veriff, 72.5 percent of organizations have grappled with rising instances of online fraud over the past year, translating to significant revenue loss fraud for many.
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