Every Peso Lost to Fraud in Mexico Costs Firms $4.08 According to LexisNexis True Cost of Fraud Study

MEXICO CITY, June 20, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has unveiled the findings of its 2023 LexisNexis® True Cost of Fraud™ Study – Latin America. The annual report, based on a commissioned survey conducted by Forrester Consulting, reveals that businesses in LATAM now bear a cost of fraud that is 3.9 times the face value lost in fraudulent transactions. The study also reflects the evolution of criminal tactics. In LATAM, the stage of the customer journey with the highest fraud losses is new ...