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Cyberfraud/ID Theft - Banking Exchange
Fraudsters are posing as health officials or charity workers in order to cheat people into handing over money
Not only are mobile payments more efficient, a cashless society can be healthier
Online payment fraud could cost companies more than $200 billion over four years, finds Juniper Research
Authorities and the bank are investigating after staff illegally accessed personal information, with Fifth Third preparing to reimburse customers if needed
They’re willing to take the chance for the opportunity to net a big score
The bank’s troubles are still closer to the front windshield than the rearview mirror
The global banking giant is investing in data and cloud computing to boost security and customer experience
Increasing connectivity also means the risk of cyberattacks
Banks protected $9 out of every $10 that was subject to an attempted fraud or scam in 2018, a survey shows
How Banks Are Achieving Smarter Fraud Detection
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