Social engineering scams are flourishing, putting a spotlight on the way unauthorized and authorized electronic transactions are interpreted under Regulation E (Reg. E). Banks
Jake Emry, Fraud Prevention Subject Matter Expert at NICE Actimize has helmed fraud detection strategy and optimization, risk minimization, innovation, delivery integration and analytical strategies to decrease fraudulent activity. Jake’s background uniquely combines Federal criminal investigations with a wide breadth of fintech, financial services and banking experience. Jake holds a master’s degree in Public Administration from California State University, Dominguez Hills.
Fraudster’s Marketplace Shares Sophisticated ATO-bot Fraud Tools
Perpetrating complex fraud isn’t overly taxing; it’s as easy for fraudsters to procure the tools to infiltrate financial institutions (FIs) as it is for
FFIEC’s 2021 Online Security Guidance and Beyond
In the summer of 2021, the FFIEC released its long-awaited updated guidance on online security “Authentication and Access to Financial Institution Services and Systems”.