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    Archives

    Monthly Archive for: "February, 2023"
     The Seven Industries Most Vulnerable  to Data Breaches and Cyber Attacks in 2023
    0
    By ToolCASE
    In Infographic
    Posted February 22, 2023

    The Seven Industries Most Vulnerable to Data Breaches and Cyber Attacks in 2023

    2022 was among the most fraud riddled years in history. According to IBM, the global loss-per-single data breach reached a record-breaking average of $4.35 million. Every sector of the economy [...]

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     The Cost of Debit Card Fraud  To Banks and Credit Unions
    0
    By ToolCASE
    In Industry Article
    Posted February 20, 2023

    The Cost of Debit Card Fraud To Banks and Credit Unions

    Debit card fraud is a serious problem for financial institutions. Here’s what you need to know about its effects, and how AI can help with fraud detection.

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     Overall Fraud Costs Rose 20% Last Year…
    0
    By ToolCASE
    In Industry Article
    Posted February 14, 2023

    Overall Fraud Costs Rose 20% Last Year…

    New data compiled by LexisNexis show the cost of fraud incurred by financial institutions is spiraling out of control. Overall, the costs associated with all frauds rose by 20% last year (2022), [...]

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     Banks and Credit Unions Beware: Even After The $425 Million Equifax Settlement, Data Breaches Continue to Ravage The “Big Three” Credit Bureaus
    0
    By ToolCASE
    In Industry Article
    Posted February 13, 2023

    Banks and Credit Unions Beware: Even After The $425 Million Equifax Settlement, Data Breaches Continue to Ravage The “Big Three” Credit Bureaus

    As you may recall, in September of 2017, Equifax announced news of a massive data breach. It was one of the largest, most consequential data breaches in US history.

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     2022’s Largest Financial Data Breaches
    0
    By ToolCASE
    In Infographic
    Posted February 5, 2023

    2022’s Largest Financial Data Breaches

    2022 was a banner year for financial criminals. An estimated 254 million consumer records were leaked in data breaches, affecting more than 9.4 million Americans alone. After government [...]

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