SYDNEY, June 28, 2023 /PRNewswire/ — BioCatch, a global leader in digital fraud detection powered by behavioral biometric intelligence, today unveiled its 2023 Asia-Pacific (APAC) Digital Banking Fraud Trends Report. This report exposes the grim and expanding reality of financial cybercrime dominated by sophisticated and evolving tactics, where scams account for 54% of all cases reported. There are also escalating concerns regarding trends in human trafficking and call center gangs as organized crime rings see higher ROI from investing in scams.

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