GREECE Increase in Fraud YoY
A Continued Escalation in CNP, But Greece Is Fighting Back
We have been reporting on the economic recovery in Greece and the subsequent interest from the fraudsters for several years and the trend continues through 2020. Much like with Germany, Greece has shown an immediate desire to turn the tide against the fraudsters before it reaches the more significant levels seen in their other European counterparts. We are delighted to be welcoming some of the largest Greek entities into the FICO Falcon Intelligence Network and look forward to replicating the increasing success through the use of the FICO Falcon consortium models and sharing threat intelligence across Europe in order to better stop the free perpetration of fraud.