Email Alerts
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Aite Group: Take action now to manage remote deposit capture risks
Fraud losses involving RDC technology have the potential to skyrocket if banks don't work proactively to deal with the risks, research firm says. Article | 11 May 2010
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Fraud against business banking accounts leads customers to switch banks
Business banking survey shows customer trust is easily broken after online banking fraud Article | 09 Mar 2010
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Check fraud scams: Old problem that isn't going away
Despite the decline in checks, check fraud remains a big problem for banks and experts say the evolution of checks has made it difficult for legacy systems to keep up. Article | 16 Dec 2009
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NACHA offers tips for financial institutions to combat ACH fraud
Organizations that oversee the ACH network says banks should deploy multi-factor authentication and take other steps to curb the increase in fraudulent transfers. Article | 11 Dec 2009
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FDIC: Educate business customers about the need for security
Criminals are targeting banks' business customers and stealing their online credentials to make fraudulent wire and ACH transfers, agency says. Article | 02 Sep 2009
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Financial institutions reported more suspected fraud in 2008
FinCEN report shows the number of Suspicious Activity Report filings related to mortgage fraud and other types of fraud increased last year. However, experts say banks are cutting back on AML compliance programs this year. Article | 07 Jul 2009
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Controls monitoring helps with governance, risk and compliance
Gartner says continuous controls monitoring for transactions is a GRC technology that promises to reduce compliance costs and improve financial governance. Article | 21 May 2009
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Diebold ATMs in Russia targeted with malware
Company issued a security update after criminals attacked its Windows-based ATMs in Russia and installed malware. Article | 18 Mar 2009
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IBM USB banking device stops keyloggers, malware
A new USB stick, developed by IBM researchers, sets up a secure banking connection bypassing computer software and drivers. Article | 29 Oct 2008
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Community banks to increase security spending, survey finds
Smaller banks place a priority on protecting customer data and plan to spend more on security technology, according to a new survey. Article | 27 Oct 2008