When all banks are pushing forward in the race to adopt the latest innovation and emerging technologies, remember that cybersecurity is essential to remain competitive while protecting account holders. Be the trusted resource that empowers consumers to guard against fraud and cyber-attacks.
Browsing: Cyber crime
As phishing becomes a top cyber threat—with losses growing to nearly $30 million in 2017 from $8 million in 2015, according to the FBI—ABA and the Federal Trade Commission today released a new infographic highlighting this growing problem.
Bank investments in technology can create more vulnerability to tech-savvy fraudsters.
For payments fraud professionals, fighting fraud can seem like a marathon with a finish line that keeps moving further and further away.
From phishing to synthetic ID theft, emerging and resurgent fraud risks are keeping bankers on their toes.
Six steps to protect your bank’s data.
The average cost of a data breach globally — including a number of breach-related factors such as investigations and recovery, notifications and cost of lost business — was $3.86 million in 2018, according to a new study from Ponemon Institute and IBM Security.