How serious is Online Banking Fraud in Latin America?

Online banking fraud in Latin America continues to rise, representing an enormous economic cost and a drop in confidence for both banks and customers in this region. The sector is calling for effective solutions to tackle the different threats it faces in its digital transformation process.

How serious is Online Banking Fraud in Latin America

In this document you will find essential information on: 

  • The online banking fraud situation and statistics in main Latin American countries. 
  • A description of the most challenging types of cybersecurity attacks, threats and risks faced by this industry. 
  • Security recommendations for the industry: Why can Identity Proofing solutions based on Behavioral Biometrics technologies help to effectively reduce online fraud? Why buguroo has been recognized by Gartner as a relevant player in this sector? 

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