by chung chinyi | Dec 19, 2024 | Uncategorized
In the modern banking landscape, the ability to detect and prevent fraud stands out as one of the most essential skills a financial institution can possess. The stark reality for banks today is that they face an overwhelming number of fraudulent attempts—often...
by chung chinyi | Dec 19, 2024 | Uncategorized
In the vast landscape of financial interactions, there exists a shadowy realm known as transaction fraud. This nefarious practice encompasses any dishonest act aimed at unlawfully obtaining money, goods, or services during a financial exchange. Picture it as a cunning...
by chung chinyi | Dec 19, 2024 | Uncategorized
The shift towards remote work, coupled with the rapid integration of digital technologies and the new behaviours that have emerged as a result, is significantly transforming the cybersecurity landscape. As a consequence, hackers now have an expanded array of targets,...
by chung chinyi | Dec 19, 2024 | Uncategorized
Banking fraud remains a significant and enduring challenge for both financial institutions and their customers, representing a grave risk to everyone involved. In 2021, the Federal Trade Commission documented an alarming 2.8 million reports of Fraud from...
by chung chinyi | Dec 18, 2024 | Uncategorized
In the intricate world of finance, banks, much like their counterparts in the financial sector, find themselves at a critical juncture where vigilance against fraud is paramount. Their mission extends beyond merely safeguarding their assets; it encompasses a profound...
by chung chinyi | Dec 18, 2024 | Uncategorized
The moment of realisation can be a jarring experience; you’ve just uncovered the harsh truth that you’ve fallen victim to a scam. That trade or investment you were so hopeful about has turned out to be nothing more than an elaborate deception. So, what steps...
