The Business of Cybercrime Explodes

According to Alloy's 2025 State of Fraud Report, 71% of risk leaders attribute the majority of fraud events at their organization to organized fraud rings. But what makes criminal groups so sophisticated in their attacks, and how should banks respond? In conversation with Naomi Snyder at Bank Director, Alloy CEO Tommy Nicholas spoke about how banks can strike a balance between robust identity risk management and business growth. 

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