Fraud

How can something so good be so bad?

12/1/2020
Social media has changed the ways we live our lives — from the way we get our news to the way we interact with our family, friends and peers. It’s everywhere, it’s unavoidable, it’s powerful and it’s here to stay.

Cybersecurity and politics

11/1/2020
Here we are almost to 2021. Do you feel any more cybersecure? Just this year, we’ve seen a 20% increase in cyber fraud and abuse and a startling 200% increase in business email compromises.

Information sharing and collaboration

10/1/2020
For the 17th year in a row, the National Cyber Security Alliance and CISA have announced October as Cybersecurity Awareness Month. This year’s theme is “Do Your Part. #BeCyberSmart.”

Business email compromise is a growing trend

5/1/2020
Business email compromise is a sophisticated scam that targets both businesses and individuals that transact legitimate transfer of funds requests.

Outpacing Financial Crime with Big Data in the Cloud

2/1/2020
Verafin, the industry’s leading financial crime management platform, helps more than 170 banks in Texas stay a step ahead with several solutions.

Third-party risk — Where do we start?

12/1/2019
Vendor risk management has become a crucial area of cybersecurity as banks move operations to the cloud and asset managers hire third parties to manage their technology.

The unrelenting cycle of ATM skimming

11/1/2019
Criminals will continue to attack until bankers become proactive and monitor events in Europe.

ATM theft — Why steal the cookie when you can steal the cookie jar?

11/1/2019
The theft of ATMs is yet another crime that continues to plague our industry. This includes the rise of cyber threats to ATMs, such as skimming, shimming, cash-out and jackpotting, as well as the age-old technique of crash and grab the whole ATM.

The importance of cybersecurity awareness

10/1/2019
According to the NCSA, ???The line between our online and offline lives is indistinguishable. In these tech-fueled times, our homes, societal well-being, economic prosperity and nation???s security are impacted by the internet.???

Another one bites the dust

9/1/2019
Like the thousands of data breaches before, security leaders will be answering the same question from their executive teams, ???Can this happen to us???? And I???m sure most of the responses will be, ???It???s not a matter of if, but when we get hack

Three emerging check fraud trends

8/1/2019
One would think that as technology improves so would the safeguarding features around monetary transactions. Mobile depositing of checks, for example, has actually made check fraud easier.

Some things never change

8/1/2019
The phone call has mostly been replaced with the targeted email since that is how we mainly communicate, but I???ve certainly seen an uptick in the SMS/text messaging attacks.

Helping our members with cyber threats

7/1/2019
Over the years, I???ve watched the sophistication, impact and scale of cyber-attacks grow exponentially, from the nuisance attacks with computer worms and viruses in the early 90s to the large-scale data breaches that we almost daily.