Three ATO Prevention Measures Ripe for Disruption This Past Fraud Awareness Week
If there’s one fraud statistic worth dwelling on as Fraud Awareness Week 2024 passes, it’s this – in the past year, scams of one type or other siphoned $1 trillion globally, according to the Global Scam Alliance’s State of Scams Report 2024. But this figure only scratches the surface of cybercrime’s total global cost, projected to reach $10.5 trillion in 2025, according to Cybersecurity Ventures, the world’s leading source of cyber research.