Fighting Cyber-Enabled Fraud: A Systemic Defence Approach

Phishing and cyber-enabled fraud are escalating global threats affecting users, consumers, organizations and countries alike. This white paper, Fighting Cyber-Enabled Fraud: A Systemic Defence Approach, developed by the World Economic Forum’s Partnership against Cybercrime in collaboration with the Institute for Security and Technology, presents a systemic defence framework to confront this challenge.

Turning the tide on cyber-enabled fraud demands a truly systemic approach, one that maximizes the impact of upstream interventions while ensuring broad, consistent coverage through downstream measures, and this paper calls on stakeholders to act across three complementary pillars of systemic defence: Prevention, Protection and Mitigation. It also demonstrates how a multistakeholder, upstream-focused model can shift responsibility to those best positioned to act at scale, empowering them to prevent harm before it takes root.