FBI: Social Engineering Scams Cost U.S. Businesses $1.6B since 2013
Social engineering wire transfer scams cost U.S. businesses nearly $1.6 billion between October 2013 and December 2016, according to figures ...
Tag: Fraud
ABA Compliance Center Inbox, May/June 2017
Do social media comments belong in the public CRA file... and more.
Pew Study: Consumer Knowledge Weak on Cybersecurity Topics, Tactics
Very few American consumers have a complete understanding of several consumer-focused cybersecurity concepts, a new Pew Research Center study found.
Study: Bank Customer Satisfaction High, but Sales Pressure Poses Risks
Banks have steadily won back customer trust since the financial crisis, but that trust could be endangered by sales pressure ...
As Tax Season Kicks Off, IRS Warns of W-2 Phishing Scam
The Internal Revenue Service today warned the public of a widespread email phishing scheme that scammers are using to steal ...
ABA Releases New Infographic on EMV Transition
To help bankers educate lawmakers, customers and the public about the growing security benefits of the switch to EMV chip ...
Fed: Debit Fraud Costs Jump 44 Percent in Two Years
Debit card-related fraud losses to merchants, cardholders and issuers rose from 2013 by 44 percent, reaching $2.41 billion in 2015, ...
Can You Spot a Fraud?
By Traci Brown
U.K. Bank Freezes Online Transactions After Fraudulent Withdrawals
Tesco Bank today suspended online checking account transactions after a wave of fraudulent transactions over the weekend that reportedly affected ...
