Remove Cyber Security Remove Fraud Remove Management Remove United States
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BEC Run Out Of Detention Center Nets Millions

PYMNTS

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam. ” The Larger Trends.

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April 2014: A Busy Month for Fraud Alerts!

Jack Henry

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. FBI InfraGard.

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Some Fintech Podcasts To Add To Your List

William Mills

The podcast is available worldwide, on Thursdays at 3pm EDT in the United States. Topics include fintech, risk management, blockchain, fraud detection and more. This podcast brings opinions, insights and more and is hosted by BAI managing editor Lou Carlozo. BIG is hosted by Best Innovation Group’s John Best.

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Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! As the DHS said in a statement, “Iran maintains a robust cyber program, and can execute cyberattacks against the United States.

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Singapore Minister Says Breach May Have Been State-Linked

PYMNTS

Although Iswaran would not specify which state he thinks is behind the attack, he did say that other advanced persistent threat groups include the hackers that breached the U.S. Democratic National Committee and stole more than 20 million personnel records from the United States Office of Personnel Management.

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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

CFPB Director Rohit Chopra has further indicated that he would like to see consumer protections akin to those for credit cards, including improving disclosures and fraud and dispute resolution protections. The SEC rules will require a new cyber security preparedness level that many organizations may not be meeting today.