Uncovering the Cybersecurity Threats Wealth Management Clients Face
Fraud has surged as cybercriminals have developed new technologies and tactics. Wealth management clients have become prime targets—in large part ...
Tag: Elder Fraud
Explore the growing issue of elder fraud in digital payments and banking. Learn about common scams targeting seniors, including phishing, identity theft, and financial exploitation. Discover how financial institutions, regulators, and families can implement safeguards to protect older adults from fraud and ensure secure financial transactions.
More Seniors Are Falling Victim to Impersonation Scams
Over the past four years, the U.S. Federal Trade Commission (FTC) has observed a more than four-fold increase in the number ...
New Tools Available in the Fight Against Elder Fraud
Nacha is expanding its support for banks and financial institutions in addressing elder financial abuse. The organization’s Payments Innovation Alliance ...
40% of UK Seniors Have Endured Recurring Fraud Attempts
Many elderly adults in the UK are vulnerable to cybercriminals and are frequently targeted by fraud attacks. According to a ...
Cyber Risk Management for Children, Families: A Wealth Manager’s Role
Affluent families are increasingly targeted by criminals and financial advisors must take a more proactive stance to mitigate the cyberthreats, ...
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