‘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
Data Transparency in the Age of Cyber and Privacy Risk
As open banking and new privacy regulations accelerate, financial institutions face rising pressure to enhance privacy and cybersecurity transparency to strengthen consumer trust. ...
Crypto Investment Scams: How Banks Can Disrupt These Criminal Operations
Cryptocurrency investment scams have evolved into organized, global operations that are stealing billions of dollars from consumers. Recent enforcement actions and platform disrupt...
Quishing and the Resurgence of BYOD Cyber-Attack Exposure
North Korean attackers’ latest efforts to target foreign policy experts through a technique known as quishing expose long-standing bring-your-own-device vulnerabilities that U.S. o...
Make informed decisions in a digital financial world