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TrustNFT's new white paper estimates the true annual cost of email fraud to the U.S. economy at $22 billion, significantly higher than the FBI's reported $12.5 billion. The report claims that official statistics capture less than 15% of actual fraud incidents, highlighting the need for a stronger policy response and investment in email authentication technologies. TrustNFT advocates for regulatory measures to enhance email security and presents a compelling case for investment in infrastructure solutions to combat this growing issue.

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TrustNFT Research Pegs True Annual Cost of Email Fraud to U.S. Economy at $22 Billion - More Than Seven Times Official FBI Figures

TrustNFT has released a white paper detailing the financial and reputational damages caused by email impersonation, estimating annual losses at $2.9 billion for U.S. businesses. The report highlights the significant costs of phishing attacks, including direct financial losses, increased customer contacts, and reputational damage. It emphasizes the need for companies to adopt comprehensive email authentication measures to mitigate these risks. The white paper is available for free download and targets corporate security and risk management leaders across various sectors.

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TrustNFT Releases White Paper on Corporate Costs of Email Impersonation, Documenting $2.9 Billion in Annual Losses and Growing Brand Liability Risk

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Remergify's subsidiary TrustNFT.io has launched Cerfinity.com, a blockchain-based product authentication platform utilizing NFT technology to combat the $600 billion counterfeit crisis. Cerfinity creates unique digital certificates for products, allowing consumers to verify authenticity via QR codes or NFC tags. The platform targets high-value sectors and offers brands anti-counterfeiting protection and valuable data insights. Cerfinity is now open for brand registration with flexible pricing models. This innovation aims to enhance consumer trust and streamline product verification processes across various industries.

- Remergify’s subsidiary, TrustNFT.io, has launched Cerfinity.com, a blockchain platform designed to combat the $600 billion global counterfeit crisis with NFT technology for product authentication.  
- Cerfinity provides brands with unforgeable digital certificates linked to scannable QR codes, allowing consumers to verify product authenticity seamlessly without needing blockchain knowledge.  
- The platform targets high-value sectors and aims to enhance consumer trust, offering a comprehensive solution that includes product provenance tracking and anti-counterfeiting protection.

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Cerfinity.com Launches Revolutionary NFT-Powered Product Authentication Platform

WORLDWIDE NFT INC(WNFTD.US)

TrustNFT Research Pegs True Annual Cost of Email Fraud to U.S. Economy at $22 Billion - More Than Seven Times Official FBI Figures

TrustNFT Releases White Paper on Corporate Costs of Email Impersonation, Documenting $2.9 Billion in Annual Losses and Growing Brand Liability Risk

Cerfinity.com Launches Revolutionary NFT-Powered Product Authentication Platform