Fraud & Security

Fraud has surged as cybercriminals have developed new technologies and tactics. Wealth management clients have become prime targets—in large part...

One of artificial intelligence’s key strengths is its ability to spot anomalies—a functionality that Bank of England Governor Andrew Bailey...

As bank fraud continues to grow, it’s more important than ever for financial institutions to be proactive in fighting it....

For many years, banks have promised not to send their customers correspondence that looks like scams. They would never ask...

Younger people are far more likely to consider committing insurance fraud than older generations, a finding that aligns with other...

The modern financial landscape has created fertile ground for authorized push payment (APP) fraud, where victims are tricked into willingly...

As email fraud filters become more sophisticated, cybercriminals are turning to Apple’s iCloud to bypass safeguards and deliver phishing messages....

When a financial institution detects potential criminal activity, it is required to file a suspicious activity report (SAR) with Financial...

The Nevada state government is reeling from a ransomware attack that has disrupted nearly all state functions and compromised an...

Financial institutions in Germany flagged millions of direct debits linked to fraudulent activity following a temporary interruption on PayPal’s platform....