Fraud

April 10, 2018

In the Know: All About Bitcoin and Cryptocurrency

Everyone has heard about Bitcoin by now, especially its ability to rise (and fall) by thousands of dollars within a single day. Interest in the virtual […]
April 5, 2018

ARMs Have Lower Fraud Risk

Adjustable-rate mortgages (ARM) are likely to offset the increase in application defects in purchase mortgages as rising rates pull consumers away from refinancing, according to the […]
March 15, 2018

What is Synthetic Identity Fraud?

The use of synthetic identities is causing more credit card losses than ever. However, the rate of growth of this type of fraud is slowing, according […]
March 6, 2018

Mortgage Fraud Risk High in Condo Market

First American Financial Corporation, a provider of title insurance, settlement and risk solutions, released the First American Loan Application Defect Index for January 2018.  The index […]
February 20, 2018

Identity Fraud Hits All-Time High With 16.7 Million U.S. Victims

The 2018 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by 8% (rising to 16.7 million […]
February 16, 2018

Phishing Attacks Affected 76% of Firms in 2017

The battle against phishing attacks is still very much on, with a majority of enterprises reporting attacks in 2017. According to Wombat Security Technologies’ State of […]
February 13, 2018

Equifax Hack Just Got Worse

The Equifax breach may have exposed more personal information of customers than previously thought.  Additional information, including tax IDs and driver’s license details, may have been […]
December 14, 2017

Mortgage Fraud Risk Slows; Rises in Hurricane-Impacted States

While the nationwide run-up in mortgage loan application defects appears to have slowed, instances of fraud remain on the rise in Texas and Florida.  The First […]
November 13, 2017

Will Regulation Solve Cybersecurity Problems?

Cybersecurity was a main topic at a recent New York banking conference.  According to Arthur Lindo, senior associate director of the Fed’s division of supervision and […]