Source: consumer.ftc.gov
Meta has launched a pre-holiday anti-scam awareness campaign to keep users safe. “Scammers are persistent and try to trick people in a variety of ways...
As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital...
The Federal Trade Commission (FTC) is a step closer to expanding its Telemarketing Sales Rule (TSR) to enable it to combat tech support scams. After announcing...
With financial institutions (FIs) fortifying their defenses and evolving their strategies against digital payment fraud, criminals are turning to a new weak spot: the customers...
As digital payments scale, the sophistication of scams matches their pace. This ongoing dichotomy forces payment ecosystems to adopt more adaptive and resilient fraud prevention...
Fraud prevention firm BioCatch launched what it called “the world’s first interbank, behavior-based, financial crime intelligence-sharing network.” The BioCatch Trust Network is designed to protect...
Cybersecurity researchers have uncovered a sophisticated malware campaign using fake AI video generation software to steal sensitive data from Windows and Mac users, highlighting new...
Artificial intelligence is a double-edged sword for modern enterprises. The role of the chief information security officer (CISO) is central to protecting financial transactions and...
Bank of America may ask a court to resolve the Consumer Financial Protection Bureau’s (CFPB) investigation of the bank’s processing of payments through the Zelle...