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Operational Risk - Banking Exchange
Trade body newsletter says remote working and digital channels in financial services have led to heightened security concerns
Banks face a seemingly never-ending array of financial risks, as the pandemic showed
Attack orchestrated by notorious REvil cyber-criminal gang
More than half of consumers have become more concerned about fraud since Covid-19
From rule-based systems to explainable AI, financial institutions continue to advance their fraud prevention systems
The pandemic greatly accelerated the technology shift as customers were largely unable or not willing to visit branches in-person
As cyber-attacks occur around the globe at an alarming rate, many criminals continue to set their sights on banks and credit unions
Payment disputes related to friendly fraud are expected to soar due to the pandemic-fueled surge in e-commerce
Financial services took a particularly hard hit in 2020 in terms of ransomware and other cyber-attacks
The coronavirus pandemic has created turbulent conditions in ag lending in 2020
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