Put a Number on It: the Economic and Human Cost of Scams

​The cost of fraud is more than money. It is the loss of trust.

​And that loss comes at a high price for Europe, at a time when it is already working to strengthen its competitiveness.

​Behind the numbers are people whose lives can be deeply affected by scams. At the same time, increasingly sophisticated criminal networks are creating growing costs for businesses, consumers and the wider economy. Europe needs to raise its game.

​This event will bring new evidence to the table. We will look at the human and emotional toll of scams, as well as the economic impact of lost consumer trust. We will ask what it takes to fight fraud more effectively, protect consumers and rebuild trust in Europe’s digital economy.

​In partnership with Amazon.