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3 Articles
3 Articles
In 2024, the country averaged 20 bank scams per day (7,227 in total). Figures show that cybercriminals have found in digital space a more profitable, less risky and more effective way to operate. Ironically, they do so with the same tactics as usual and we continue to fall. Between 2017 and 2023, this type of crime caused an accumulated damage of ¢ 120 billion and in 2024 alone the losses exceeded ¢ 4.4 billion and $3.2 million, as reported by j…
Speaker: Evolving cybercrime landscape warrants response
Cyber criminals are becoming bolder in trying to steal money from both bank customers and financial institutions, said Mike Burke, senior robbery and crisis management consultant for SHAZAM. Speaking June 10 during the Minnesota Bankers Association conference in Brainerd, Minn., Burke said criminals are concocting increasingly elaborate schemes such as spoofing banks and sending fraudulent messages to customers alleging they are being investigat…
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- 50% of the sources are Center, 50% of the sources lean Right
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