‘American Rescue Plan’ Relief and Renewed Fraud Opportunities
- Date:March 03, 2021
- Author(s):
- Suzanne Sando
- Report Details: 4 pages, 2 graphics
- Research Topic(s):
- Fraud & Security
- Fraud Management
- PAID CONTENT
Overview
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
Book a Meeting with the Author
Related content
2026 Identity Fraud Study: The Illusion of Progress
The Javelin Strategy & Research 2026 Identity Fraud Study provides a comprehensive analysis of fraud trends amid a changing landscape for technology and payments. Its goal is to in...
Iran Cyber Risk: ‘Five-Alarm Fire’ for U.S. Banks, Critical Infrastructure
Iran-linked cyber activity is no longer hypothetical for U.S. financial institutions. International tensions, collaboration by adversaries, and gaps in oversight are reshaping fina...
A Line in the Sand for First-Party Fraud: From Identity to Intent
Financial institutions are seeing rising losses from first-party fraud, yet many still struggle to detect it before the damage is done. Traditional controls confirm who the custome...
Make informed decisions in a digital financial world