The Financial Fraud Epidemic
As the COVID-19 pandemic turns one, bankers and cyber experts reflect on the rapid rise of scams and fraud schemes ...
Tag: Social engineering
Executive Privacy Breaches: Serious Risks for Banks
Criminals do not need to bother scouring the depths of the dark web to dig up this personal information. Too ...
Podcast: Predicting Bank Risk in an Unpredictable Year
What's top of mind for community bank risk managers in 2021? Kristina Schaefer provides an overview of what's on her ...
Emerging Vectors for Payments Fraud
With EMV card deployment reducing fraud at the point of sale, cyber-criminal schemes are targeting email, mobile devices and other ...
Bonus Podcast: Cybersecurity Trends for 2020
According to a recent survey of community bankers, cybersecurity was the highest-rated risk concern, with over 96% of community bank ...
Report: Email Impostor Fraud Up 60% Year-on-Year
Imposter attacks against financial services organizations rose by 60% from the end of 2017 to the end of 2018, according ...
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 ...
FinCEN Issues Advisory on Email Compromise Fraud
With email compromise schemes -- in which criminals fraudulently persuade individuals and companies to transfer funds -- on the rise, ...
FBI Issues Warning about Email Scams
The FBI yesterday issued a notification warning companies of the ongoing threat of business email compromise scams that caused losses ...
ABA, FS-ISAC Issue Statement on SWIFT Compromises
In response to recent high-profile compromised communications sent through the SWIFT communications network, ABA -- together with the Financial Services ...
