Every Dirham Lost to Fraud in UAE Costs Firms AED$4.19 According to LexisNexis True Cost of Fraud Study

Fraud has increased for 42% of UAE organizations year-on-year. For the first time in EMEA, digital channels account for more fraud losses than physical channels. Almost all UAE organizations say fraud is affecting their customer conversion rates. DUBAI, UAE, April 17, 2024 /PRNewswire/ –…