Telecommunications fraud increased 12% in 2023 equating to an estimated $38.95 billion lost to fraud. | CFCA
Telecommunications fraud continues to impact companies globally, with a 12% increase in fraud loss reported in 2023 as compared to 2021 equating to an estimated $38.95 billion lost in 2023 representing 2.5% of telecommunications revenues. The Communications Fraud Control Association (CFCA) is sharing the results from its worldwide global telecom…| CFCA
