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Credit Card Fraud VS. Debit Card Fraud: Are you Protected?

Identity IQ

Credit Card Fraud VS. Debit Card Fraud: Are you Protected? Consumer protection laws differ in each case and knowing the differences can help to keep your accounts safe from identity theft. While there are protections for both, you can face more liability for fraudulent charges than if you’d used your credit card instead.

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FFIEC Updates Its Cybersecurity Guidelines For Financial Institutions

ForAllSecure

Therefore, the FFIEC provides guidance on financial regulations and best practices for federal supervisory agencies, as well as helping them develop exam policies for banks, savings associations, credit unions, thrifts, and other financial institutions.

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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. A portion of the Jan.

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We dig into the Game Players Code

Malwarebytes

Banks are noticing just how much time is spent dealing with gaming theft issues. LLoyds Bank, in response to the never-ending glut of financial gaming fraud, has come up with something called “ Shield against scams ”. Two-factor authentication was rather uncommon in most gaming circles years ago, but it’s pretty much the default now.

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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders

Thales Cloud Protection & Licensing

It aims to improve competition and innovation in the financial industry while increasing consumer protection. PSD3 sets out more extensive Strong Customer Authentication (SCA) regulations and stricter rules on access to payment systems and account information and introduces additional safeguards against fraud. PCI DSS 4.0

Risk 71
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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders

Security Boulevard

It aims to improve competition and innovation in the financial industry while increasing consumer protection. PSD3 sets out more extensive Strong Customer Authentication (SCA) regulations and stricter rules on access to payment systems and account information and introduces additional safeguards against fraud. PCI DSS 4.0

Risk 72
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Common Holiday Scams and How to Avoid Them

Identity IQ

While these products may look authentic, they are often ploys designed to trick you into revealing your payment information. Never share personal information or banking details with unsolicited callers or emails. Too-good-to-be-true offers: Unrealistically attractive deals are rarely authentic, if ever.

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