Fraud

August 11, 2017

Consumers Speed up Card Replacement Cycle

Despite the heightened security that comes with EMV chips and tokenization, consumers remain worried about their personal data being exposed in a seemingly nonstop parade of […]
August 2, 2017

Subprime Auto Defaults are Soaring

It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud.  Only this isn’t the U.S. housing market circa 2007. It’s the U.S. auto industry […]
July 12, 2017

Mortgage Risk Hits Highest Level in 2 Years

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased in May to levels not seen since 2015, according to First […]
June 27, 2017

Banks: Are There Too Many Cybersecurity Alerts?

Security alert overload, a source of frustration for bank security departments for some time, appears to have careened out of control.  A survey of bank security […]
June 1, 2017

Electronic Communications: A Growing Compliance Risk

The 7th annual Electronic Communications Compliance Survey from Smarsh reveals that finaical firms are struggling to keep up with the multitude of electronic communications channels.  More than half of […]
April 21, 2017

1.4 Billion Data Records Compromised in 2016

Cyber attackers launched 1,792 data breaches in 2016, which led to almost 1.4 billion data records being compromised worldwide, according to the newly released Breach Level […]
April 4, 2017

Prime Target: Cybercriminals Set Sights on Tax Pros

According to security experts, tax preparers are a special target for cybercriminals.  Tax preparers make perfect targets because their hard drives hum with “personal identifiable information” – […]
March 30, 2017

Auto Finance Fraud Could Hit $6 Billion

PointPredictive, a provider of fraud solutions to banks and finance companies, details a new analysis confirming that auto financing fraud risk has been rising for several […]