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Tag: financial fraud

The Trojan ACH: How Modern Scammers are Sneaking Past Your Defenses

For centuries, the Trojan Horse has served as a potent symbol of deception. The Greeks, weary after a seemingly endless siege, welcomed the colossal wooden structure...

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7 reasons why cybercriminals want your personal data

Whenever we’re online, we leave a trail of data behind. As our lives are increasingly intertwined with digital technology, our digital footprints continue to...

Ransomware, Junk Bank Accounts: Cyberthreats Proliferates in Vietnam

For one week last month, Vietnamese brokerage VNDirect Cyber Systems shut down its securities trading systems and disconnected from the country's two stock exchanges...

FTX Founder Sam Bankman-Fried Expresses Remorse After Receiving 25-Year Prison Sentence

Join Our Telegram channel to stay up to date on breaking news coverage FTX founder Sam Bankman-Fried has expressed remorse for his actions after he...

AI Unleashed: Remapping Fintech’s Future – FinTech Rising

As the FinTech industry strides through 2024, it finds itself at the heart of a technological revolution with Artificial Intelligence (AI) beginning to stand...

Borrower beware: How to avoid being scammed when looking for a loan

Scams Personal loan scams prey on your financial vulnerability and might even trap...

Consob Intensifies Fight against Financial Fraud: Blocks 5 More Websites

The Italian financial services regulator Consob has once again taken action against fraudulent financial services by blocking five websites suspected of offering illegal financial services. This...

Consumers, Financial Institutions & Fraudsters: The Good, the Bad and the Ugly of Fraud

In the digital age, the younger generation finds itself increasingly targeted by fraudsters and falling prey to various scams. A recent TD Bank report revealed alarming...

FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART III

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTION In 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (Bank of England (BoE)) (collectively the...

FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART II

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTIONIn 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) (Bank of England (BoE)) (collectively the...

Digital Wallets for Employee Expense Management

Traditional expense management processes often involve a myriad of paperwork, manual data entry, and a lengthy reimbursement cycle. Employees are burdened with keeping track of receipts,...

Italy’s Regulator Consob Targets 6 Illegal Financial Websites

Consob, the Italian financial regulatory authority, recently took action against unauthorized financial services by restricting six websites operating without approval in Italy. This move marked another...

Infrastructure Cyberattacks, AI-Powered Threats Pummel Africa

Most major economies in Africa experienced fewer overall cyber threats in 2023, but there were some dramatic exceptions: Kenya suffered a 68% rise in...

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