Time and communication are crucial in spotting fraudulent transactions
Understanding what to look for is one step toward thwarting potential criminal activity.
Cybersecurity
Federal report outlines potential risks to U.S. financial stability
The U.S. banking system remains resilient but there are pockets of potential vulnerability that need continued monitoring, such as in...
FBI issues warning on AI used for financial fraud
The FBI issued a warning to the public that criminals are using generative artificial intelligence to commit financial fraud and...
FHA extends deadline for lenders to report cybersecurity incidents
FHA announced that approved lenders will have 36 hours to report a cybersecurity incident to HUD instead of 12 hours,...
CFPB proposes new requirements for data brokers
The CFPB proposed a new rule to expand existing federal protections for consumer data to certain activities by data brokers.
House lawmakers propose federal studies on AI in financial services, housing
The top lawmakers on the House Financial Services Committee introduced a bill that would direct regulators to study the potential...
Bank risk officers identify cybersecurity, fraud as top risks
Cybersecurity along with fraud and financial crimes are the top risks facing financial institutions in 2025, according to a recent...
Federal report identifies CRE, cybersecurity as financial stability risks
Commercial real estate and cybersecurity risks remain potential vulnerabilities for the U.S. financial system, the Office of Financial Research said...
FS-ISAC releases framework to help financial institutions fight phishing
The Financial Services Information Sharing and Analysis Center has published a framework of recommended best practices to help financial services...
FinCEN issues alert on identifying deepfakes targeting financial institutions
FinCEN issued an alert with recommendations for financial institutions on how to detect deepfake identity frauds created using generative AI,...
