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About Kimberly Sutherland

https://risk.lexisnexis.com/

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LexisNexis Risk Solutions 2025 True Cost of Fraud Study shows North American financial institutions face record-high fraud costs, with the Fraud Multiplier rising to $5.75 per $1 lost, and Kimberly Sutherland urging adoption of automation and AI.

Every Dollar Lost to Fraud Costs North America’s Financial Institutions $5, According to LexisNexis Risk Solutions

September 15 2025

Fraud is widespread, hard to measure and difficult to prevent, according to the LexisNexis® True Cost of Fraud™ Study 2025 North America. As costs hit record highs, the eighth annual LexisNexis® Risk Solutions report shows that 44% of North American financial institutions (FIs) primarily rely on manual processes, hesitating to fully embrace automation and AI to combat fraud.

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