The study shows that 41% of the companies have implemented an in-house cyber security solution and 45% of the companies count on a solution from their bank to cope with the risks.
At the same time, 46% of the companies have partially or have not implemented any solution against financial fraud. Only 57% of the financial organizations have a specialized solution against financial fraud.
According to the study, the number of online frauds is directly proportional to the number of online transactions, while 50% of the financial organizations consider that the online financial frauds are on the rise.