Rob Rendell News Today

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Banking news

Financial institutions leverage technologies such as artificial intelligence to protect their customers against fraudsters, while fraudsters use them to commit ever more ingenious fraud. To successfully counter evolving fraud threats, FIs must understand them and develop strategies accordingly. A recent report provides important insights.

What is the outlook for financial crime in 2024?

Threat intelligence has become a viable option for banks looking to gain insights about fraudsters communicating on Telegram with other criminals.

The adoption of electric vehicles continues to climb as sales in most states and territories double year-on-year. These people explain why they are, or are not, following the trend.

When cybersecurity experts discuss “whaling,” they are looking at how cybercriminals target high-level executives with an eye to stealing the most privileged information and getting access to the most sensitive data.

Despite a surge in cybercrime, Visa reported record-lows in cyber fraud as the company has invested in security innovation and analytics.

Cofense analysts detailed a new malicious remote access trojan (RAT) spoofing the IRS to get unsuspecting taxpayers to allow them to enter their systems remotely.