The Growing Threat of Digital Scams: A Call for Vigilance and Action

In 2023, banks across the United States and Canada have become increasingly beleaguered by a staggering upsurge in digital fraud—tenfold compared to previous years. A recent report from cybersecurity firm BioCatch sheds light on this phenomenon, indicating that the sophistication of scams has evolved, with criminals employing manipulative tactics to deceive customers into willingly transferring