How Can I Defraud Thee? Let Me Count the Ways…………

Lexus Nexus Risk Solutions has just released results of a study the firm commissioned over the course of year to demonstrate all the ways that fraud can be perpetrated against financial services, insurance, health care, retail and the government. Turns out, there’s a lot of ways to worry about cheaters. The infographic below demonstrates the top concerns of the participants surveyed, with Identity Fraud topping the list, followed closely by Data/IT breaches and Employee/Agent Fraud. It also breaks the data down by category, with Identity Theft topping the list for the Financial Services Industry and Claims Fraud as the largest concern for the Insurance Industry.

 

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About LexisNexis Risk Solutions

LexisNexis® Risk Solutions is a leader in providing essential information that helps customers across industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced analytics, LexisNexis Risk Solutions provides products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of RELX Group, a world-leading provider of information and analytics for professional and business customers across industries.

[i] Editors’ Note: The LexisNexis® Fraud Mitigation Study was conducted in two waves from 2015-16 and has a confidence level of 95 percent.

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SOURCE LexisNexis Risk Solutions