News & insights

UNDP launches Anti-Scam Handbook

Written by Insight & Partnership Team | Nov 1, 2024 4:29:33 PM

 

The handbook provides actionable insights and tools for developing multi-stakeholder responses to preventing and addressing digital scams.

Key takeaways include:

  • Digital scams result in estimated global losses of over $1 trillion annually, accounting for about 1% of global GDP;
  • Scams commonly exploit low-tech methods such as social engineering, impersonation, and financial fraud;
  • The UNDP coalition advocates for a coordinated, global approach, with evidence suggesting that multi-sector collaboration could reduce scam-related losses by more than 30%; and
  • Rapid digital adoption worldwide risks outpacing available safeguards, leaving millions of users susceptible to digital threats.

✅ Firms can review the latest handbook for fraud threats and vulnerability information which can be incorporated into anti-scam frameworks.

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