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Digital Fraud, a Crime as Big as Drug Trafficking

Summary by Consumotic
Digital fraud in the banking sector and the Fintech already reaches an economic magnitude similar to the resources of drug trafficking and therefore has to be treated with the same levels of security demands, to close the way to crime. Maribel Vázquez, executive president of GMC360, pointed out the above and warned that in addition to guaranteeing the security of operations, it is necessary to be aware that a banking operation can take millions …
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Digital fraud in the banking sector and the Fintech already reaches an economic magnitude similar to the resources of drug trafficking and therefore has to be treated with the same levels of security demands, to close the way to crime. Maribel Vázquez, executive president of GMC360, pointed out the above and warned that in addition to guaranteeing the security of operations, it is necessary to be aware that a banking operation can take millions …

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Consumotic broke the news on Wednesday, July 29, 2026.
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