Curbing cyber fraud: RB(A)I wants more banks to join hunt for mule accounts
The Reserve Bank Innovation Hub is collaborating with banks to use its Mulehunter.AI tool to detect financial fraud through mule…
Tag: fraud
SBI cautions about a new fraud; Do not trust the calls from CBI, Income Tax department without verifying their identity
State Bank of India: Recently SBI through an SMS campaign has started to alert its customers about a new fraud…
Americans at risk after hackers steal social security data of nearly 3 billion individuals
A data breach at National Public Data compromised information of nearly three billion individuals. Hacker group USDoD stole and sold…
CrowdStrike is sued by shareholders over huge software outage
They said CrowdStrike’s share price fell 32% over the next 12 days, wiping out $25 billion of market value, as…
Business owners increasingly worry about payment fraud, survey finds
The top concern among survey participants was payment fraud of various types. Forty-four percent were worried about unauthorized transactions or…