The Trust Gap Fueling Multi-Billion Dollar Fraud Losses
bankinfosecurityExperts Predict AI-Driven Scams Will Soon Outpace Human-Led Tactics Suparna Goswami (gsuparna) • December 24, 2025

Scams work because it's often difficult to spot the scam while it's happening. Despite $442 billion in scam losses across 42 countries last year, roughly three quarters of individuals say they can recognize scams. Jorij Abraham, managing director of the Global Anti-Scam Alliance, said this confidence gap is costing billions and predicted what fraud practitioners should expect in 2026.
See Also: A Wolf in Gmail’s Clothing: The New Face of Email Fraud
"We see that people who are young, who are highly educated are being scammed more than other kinds of groups. For the record: Everybody gets scammed," Abraham said.
"There is no target group or segment of not being scammed, but young people highly internet-literate are scammed more," he said. "Younger people are more confident that they can recognize scams, while ...
Copyright of this story solely belongs to bankinfosecurity . To see the full text click HERE

