Platform

BioCatch Connect is a next-generation fraud and financial crime platform that unites real-time telemetry, behavioral analysis, and predictive intelligence to detect and prevent account opening fraud, account takeover, social engineering scams, and mule accounts every day, on every device.

Learn more

BioCatch Connect

Solutions

Use Cases

Our use cases deliver continuous protection across the customer journey, spanning origination, customer protection, financial crimes, device intelligence, and the emerging world of agentic AI.

Origination

Customer protection

Financial crimes

Device

Agentic AI

State of Scams in Denmark 2024

BioCatch partnered with The Global Anti-Scam Alliance (GASA) on its 2024 State of Scams in Denmark report, which shows Danes lost a staggering $2.82 billion to scams in 2023, marking a 62% increase from the year before.

The survey also finds:

• Online Scams Rampant: One in five Danes say they’ve fallen victim to online scams. Nearly two-thirds of respondents said they encountered fraudulent communication at least once per month.

• AI-Enabled Crime on the Rise: Nearly half of Danes surveyed say they’d received AI-generated scam videos.

• Disappointing Returns: While only 10% of Danish scam victims receive reimbursement for their losses, 85% of survey respondents expect their financial institution to refund them if they fell victim to a scam.

The survey also delves into how Danish consumers feel about this uptick in digital criminal activity, emphasizing key areas where collective efforts – between regulators, law enforcement, financial institutions, and private vender – are needed to effect meaningful change. Download now to learn more about the state of scams in Denmark.

Download White Paper