‘American Rescue Plan’ Relief and Renewed Fraud Opportunities

Consumers remain a target for cybercriminals as a third stimulus bill is passed into law. Preventing unemployment benefit scams and Economic Impact Payment check fraud should be a priority for financial services. Financial institutions have an opportunity to not only mitigate risks of future stimulus bill-related cyber fraud, but to also build and maintain consumer trust.

Companies Mentioned: Department of Justice, IRS, U.S. Treasury