As the coronavirus lockdown plodded forward, banks have been forced to very quickly adjust to a new reality of having many if not most of their employees work from home—a shift a lot of financial institutions have been ill-prepared to make. “Many companies were not ready to deal with a large remote workforce,” says Mathieu Auger-Perreault, director for fraud and security at Javelin Strategy and Research.
May 18, 2020 : ABA Risk and Compliance
Supervisors are adjusting to managing remote workers. IT departments are feeling the strain of equipping huge numbers of people with secure network access and mobile devices. And security issues must be reassessed in the light of massive workplace changes made in the month of March.
April 20, 2020 : ABA Banking Journal
Supervisors are adjusting to managing remote workers. IT departments are feeling the strain of equipping huge numbers of people with secure network access and mobile devices. And security issues must be reassessed in the light of massive workplace changes made in the month of March.
April 20, 2020 : ABA Banking Journal
People of all ages, including the elderly, are being victimized by criminals through cryptocurrency-related fraud schemes. Developments in cryptocurrency technology and an increasing number of businesses accepting it as payment have driven the growing popularity and accessibility of cryptocurrency. There are not only numerous virtual asset service providers online but also thousands of cryptocurrency kiosks located throughout the world which are exploited by criminals to facilitate their schemes. Many traditional financial crimes and money laundering schemes are now orchestrated via cryptocurrencies.
April 13, 2020 : FBI
The speed at which organizations are being forced to respond to the unfolding COVID-19 health crisis could be leaving many of them vulnerable to attack by threat actors rushing to exploit the situation.
March 20, 2020 : Dark Reading