Canadian retailers are confronting a rapidly evolving risk landscape as organized retail crime, violence, fraud, cyber threats, and operational vulnerabilities reshape the role of loss prevention.
Fraudulent activity has also become more sophisticated, particularly with the growth of AI and other tools that can make it difficult for businesses to identify and report suspect behaviour.
81 per cent of businesses that experienced fraud in the past year say they faced an AI-enabled attack with seven in 10 being targeted more than once.
Moneris reports a 15% drop in fraud cases in 2024, yet MOTO fraud, refund scams, and terminal theft remain key risks for Canadian businesses. Stay protected.