Oct 23, 2020

Forrester: Top 10 European 2021 business predictions

Georgia Wilson
4 min
Banking fraud
Fraud
7
Banking fraud...

Expecting fraud and data breaches in banking to reach an all-time high, Forrester identifies in its report that, “COVID-19 is a crisis for banks but an opportunity for fraudsters and hackers. In the UK, fraud rates rose by 33% across all financial products in April 2020. [...] 2021 will reveal the high number of fraudulent COVID-19 loans; while governments have often underwritten these, they will tarnish banks' reputations.”

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