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.
According to Gallup’s annual crime survey released today, 23 percent of Americans report that they or someone in their household had personal, credit card or financial information stolen by computer hackers in 2018. This reading is consistent with 2017 survey responses showing that 25 percent of Americans had experienced cybercrime. Of the nine types of
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.
A coordinated effort by the departments of Justice, Homeland Security and Treasury, the U.S. Postal inspection service and other partners led to the arrest of 74 individuals in the U.S. and abroad in connection with recent business email compromise scams, the DOJ announced today.