Security & Fraud

The cost of cybercrime across the world is staggering, with some estimates ranging as high as more than $22 trillion a year in direct losses and the cost to deal with the aftermath.

For all the fears and hand wringing sparked by the Great Recession, banks have weathered few if any financial tremors since it faded into the rear view.

Technology tends to charge ahead of most other industries, and Facebook’s recent enormous data security breaches are no exception.

Cybersecurity has been cited as a top focus for federal and state bank regulators, even as cyber staffing challenges escalate.

The new hot ticket in town is identity—and the battle for the customer, and their data, has begun.

Though they are good and bad guys, respectively, lenders and fraudsters share one goal: to grow their enterprises.

Across industries, financial crimes investigators—even those packing an arsenal of fraud detection techniques—have plenty to keep them awake at night.

Bankers hear the same advice again and again: Protect your customer data.

On film, Frankenstein exists only as a mythical creation.

Some people will go a long way to sidestep the potential cyber threats that artificial intelligence could unleash upon our planet.