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    Archives

    Tag Archives for: "data breaches"
     Why Real-Time AI Can Detect Bank Fraud Better Than Fraud Teams Alone
    0
    By ToolCASE
    In Industry Article
    Posted May 6, 2023

    Why Real-Time AI Can Detect Bank Fraud Better Than Fraud Teams Alone

    If your institution lost more than $500,000 to fraud last year, you’re not alone. In fact, a recent survey of 251 financial institutions showed a shockingly high 70% of them lost over $500K to [...]

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     The Dark and Dangerous Secret the Banking and Credit Card Industries Have Kept Hidden From Consumers… Is Now All Over CNBC
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    By ToolCASE
    In Industry Article
    Posted May 6, 2023

    The Dark and Dangerous Secret the Banking and Credit Card Industries Have Kept Hidden From Consumers… Is Now All Over CNBC

    Financial institutions may be in big trouble. For years now, the industry has been trying to keep a dangerous secret away from the public. It’s a secret that could cause a major shakeup in the [...]

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     How To Detect New Account Fraud With Artificial Intelligence Technology
    0
    By ToolCASE
    In Industry Article
    Posted April 18, 2023

    How To Detect New Account Fraud With Artificial Intelligence Technology

    Fraud is a serious issue plaguing financial institutions. The Federal Trade Commission (FTC) reports that consumers lost a whopping $5.8 billion to fraud in 2021 alone. But while the numbers for [...]

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     The Cost Of Debit Card Fraud To Banks And Credit Unions
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    By ToolCASE
    In Industry Article
    Posted April 18, 2023

    The Cost Of Debit Card Fraud To Banks And Credit Unions

    Debit card fraud is a serious and growing problem for banks and credit unions. Every year, institutions lose millions of dollars to fraudulent charges. But what exactly is debit card fraud? And [...]

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     Overall Fraud Costs Rose 20% Last Year…
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    By ToolCASE
    In Industry Article
    Posted April 18, 2023

    Overall Fraud Costs Rose 20% Last Year…

    With Banks and Credit Unions Incurring Most of The Losses New data compiled by LexisNexis show the cost of fraud incurred by financial institutions is spiraling out of control. Overall, the costs [...]

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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
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    By ToolCASE
    In Industry Article
    Posted April 18, 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. The names, social security [...]

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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.

    READ MORE
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