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Bank Info Security 5 months, 1 week ago

How Banks Can Limit Losses From First-Party Fraud

Cadence Bank's Brent Phillips Focuses on Controls for Online Account OpeningFinancial institutions face rising losses from first-party fraud schemes that begin with online account opening. One of the most effective ways to reduce exposure involves practical, risk-based controls that limit how much trust new customers receive before their behavior can be established.

Bank Info Security 7 months, 3 weeks ago

Major US Banks Gauge Their Exposure to SitusAMC Breach

JP Morgan Chase, Citi and Morgan Stanley Among Banking Customers ImpactedMajor U.S. banks are assessing their exposure to a cybersecurity incident at real estate financial technology company SitusAMC, which disclosed Saturday that a breach may have affected client data. The New York firm uncovered the incident on Nov. 12.

Bank Info Security 1 year, 3 months ago

Breach Roundup: A WhatsApp Flaw Ushered in Spyware

Also: France Temporarily Lifts Pavel Durov's Travel Ban Amid Telegram ProbeThis week, Paragon Solutions spread through WhatsApp, France suspended Pavel Durov's travel ban, Vapor malware hit 60M Android users, state-backed hackers exploit a Windows flaw, Western Alliance Bank exposed customers data, Apple fixed a passwords bug, and a sperm bank exposed customer information.