ATM skimming attacks, and subsequent fraud losses, are increasing, even in European markets where EMV chip cards are the standard. Learn why some experts predict a continued surge in skimming in the months to come.
Wayne Dunn, CTO of HarborOne Bank in New England, says improving vendor management is a top security priority for institutions in 2014. As more core banking functions are outsourced, due diligence becomes increasingly critical.
In case you missed ISMG's 2013 Fraud Summit - or even if you were there and want to share insights with colleagues - I'm pleased to announce the availability of a series of session videos featuring top fraud experts.
A ransomware campaign has targeted millions of bank clients in the U.K., and experts warn of a worldwide surge in attacks. They say banking institutions have to be diligent about informing customers of the risk.
U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.