"Many institutions only know about fraud when they get notified by the customer, and that is not indicative of an industry that is really trying to address the problem." George Tubin, TowerGroup
Security researchers are warning financial institutions about the Qakbot Trojan, a rare kind of malware that is allegedly infiltrating large banks and other global financial institutions.
Payment card breaches, check fraud and phishing/vishing - these are the most common forms of fraud striking banking institutions today. Yet, what form of fraud do institutions feel most prepared to prevent? Money laundering.
This is just one of the sobering results from the new Faces of Fraud: Fighting Back study...
ATM fraud is one of the primary crimes committed against banking institutions, and skimming alone adds up to billions in annual losses. How can you fight back?
Learn:
Evolving attack methods of the fraudsters;
Effective anti-skimming strategies from banking and law enforcement leaders;
New anti-skim solutions...
Learn in detail the current financial scams in circulation from phishing and lottery scams, ATM and credit card skimming, among many others.
Learn proactive defenses to prevent consumers and employers from falling victim.
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