Europe Returns to Winning Ways in Fight Against Fraud

Without the large-scale data compromise events that marked 2018, the countries in this report had lower fraud losses than in 2018. The United Kingdom led the way overall, posting an astonishing 8% reduction in card fraud losses, or £52 million less than 2018.

At the other end of the scale, worrying increases have been reported across many countries but most notably France and Italy, which together were responsible for 71% of the monetary loss increases in Europe.

This report focuses on card fraud, but that is only part of the story. Retail frauds and scams continue to be the joint primary driver of loss positions in all regions. This continues to drive banks towards enterprise fraud management strategies.

Increase in Fraud YoY

Decrease in Fraud YoY

No Change in Fraud YoY

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