Items Tagged with 'financial crime'

The financial services industry is experiencing a surge in fraud rates, driven by the increasing ability of bad actors to access cutting-edge technologies. 

The financial sector faces an increase in email attacks.

A new report reveals that malicious actors are exploiting APIs in DocuSign to send fake invoices. 

The SEC has established the Interagency Securities Council (ISC) to support collaboration between federal, state and local agencies. 

Patelco Credit Union announced that on June 29, 2024, the company faced a ransomware attack. Hackers gained access to its systems and blocked access.

Almost a third of Americans surveyed (31%) admitted to either not following best practices to avoid check fraud or being unsure whether they do so. 

Payment and financial scams were analyzed in a recent report by Visa, finding that adults were losing more money to scams from June to December 2023.

American Express announced that card members' account and financial data may have been affected by a data breach involving third party partners.

According to a report, 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider.

According to a survey by Citi, 27% of U.S. adults have fallen victim to a financial scam despite 90% feeling confident that they could detect scams.