There have been some major changes related to risk management in the last few years that have made many people take notice. Businesses and consumers alike are faced with new threats.
Take fraud as an example. According to LexisNexis, fraud cost U.S. retailers approximately $32 billion in 2014, up from $23 billion just one year earlier. Additionally, between 500 million and 1 billion identities were stolen globally last year due to data breaches. Data breaches have remained an ongoing concern for many.
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