The US retail industry’s loss to fraud was estimated at $112.1 billion in 2022, marking a significant increase from $93.9 billion in 2021 and illustrating a growing trend. As retail fraud escalates, understanding and addressing this challenge is crucial for sustainability and growth.

Today’s digital age and global economy have expanded the criminal landscape in which bad actors can defraud organizations. While retailers have given most of their attention to loss prevention, this session by SAS will showcase how a baseline continuous monitoring capability can also identify employee theft, invoice fraud, and even customer churn and quality issues.