Study Finds Increase in Ransomware Attacks in the U.S.
Ransomware is a worldwide phenomenon, with some of the most dangerous malefactors coming from regions like Russia. Unsurprisingly, many cybercriminals ...
Tag: Bank Fraud
Kansas Pig Butchering Scam Proves Even Financial Professionals Can Be Manipulated
The former CEO of a Kansas bank embezzled millions from the organization and wired the funds to criminals in a ...
Accounts Often Frozen for Weeks on Fraud False Positives, Says CFPB
The Consumer Financial Protection Bureau (CFPB) found that once many banks freeze accounts for suspicious activity, it can be difficult ...
How Financial Scams Are Impacting Different U.S. States
From sophisticated AI deepfakes to phishing attacks cloaked in emails and text messages, criminals worldwide are increasingly stealing personal information ...
UK’s Payments Regulator Sets New Rules to Protect Victims of Online Bank Fraud
In a move aimed at combating the rising tide of authorized push payment (APP) fraud, Britain's Payment Systems Regulator (PSR) ...
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