Browsing: Social engineering

Cybersecurity 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 CEOs reporting that they considered it an important or very important risk factor for their bank.

Compliance and Risk

With email compromise schemes — in which criminals fraudulently persuade individuals and companies to transfer funds — on the rise, the Financial Crimes Enforcement Network issued an advisory to financial institutions today to help them identify and prevent these frauds.

Cybersecurity

The FBI yesterday issued a notification warning companies of the ongoing threat of business email compromise scams that caused losses of nearly $76 million between December 2015 and March 2016.

Cybersecurity

In response to recent high-profile compromised communications sent through the SWIFT communications network, ABA — together with the Financial Services Information Sharing and Analysis Center and other financial groups — today issued a statement with insight and analysis on the incidents, as well as recommendations for mitigating cyber risks.

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