25% of traditional banks rate their fraud prevention as significantly ahead of competitors..

33% of banking respondents are evaluating AI-powered fraud detection tools.

27% of individuals whose online bank accounts have been hacked experience victim blaming.

28% of consumers said they would be willing to give up online banking to avoid the risk of identity theft.

41% of respondents use personal email accounts lacking MFA to log in to banking services.

42% of students would trust their bank more if it used biometric identity verification instead of passwords.

93% of digital banking Americans indicated that protecting data from financial fraudsters and hackers was important or very important to them.

91% of digital banking Americans indicated that protecting data from other unauthorized third parties was important or very important to them

47% of financial and banking organisations in the UK have reportedly spent more than one million euros over the last two years on implementing regulations such as DORA and PRA.

28% of financial and banking organisations in the UK have reportedly spent between €501,000-€1,000,000 on implementing regulations such as DORA and PRA.