The hurricanes that devastated the Gulf Coast regions in the summer and fall of 2005 are nothing new to most people. The personal tragedies, loss of life and property were well documented by the national media.
But what about the story of one financial institution that weathered the storms and emerged intact - its...
Debit card fraud is one of the most prevalent security threats against banking institutions and customers alike. In this interview, Daniel McIntyre, information security and business recovery analyst with Superior Bank of Birmingham, AL., shares his insight on:
The magnitude of the debit card threat;
Internet auction sites give buyers a "virtual" flea market with new and used merchandise from around the world; they give sellers a global storefront from which to market their goods. But the online auction business can be risky business. Among the thousands of consumer fraud complaints the Federal Trade Commission...
Under federal law, you're required to advertise your product or service and the terms of the sale honestly and accurately. You can't place "shill" bids on your item to boost the price or offer false testimonials about yourself in the comment section of Internet auction sites.
Some email users have lost money to bogus offers that arrived as spam in their in-box. Con artists are very cunning; they know how to make their claims seem legitimate. Some spam messages ask for your business, others invite you to a website with a detailed pitch. Either way, these tips can help you avoid spam scams:
There are countless types of fraud prevalent in the world today, many of which occur via the Internet. Many of these attempts are targeted at gaining money from Internet users or businesses. Yet, with a little awareness, most fraud efforts can be easily avoided. Here are seven of the most common schemes.
Identity theft can sometimes go unnoticed if the theft is small, or it can cost consumers tens of thousands of dollars and ruin credit scores for years. Below is information about identity protection to help reduce the risk of identity theft.
It was the scandal that rocked the banking world. French Bank Societe Generale recently revealed details of a disaster created by a rogue insider who cost the institution $7.2 billion in fraudulent trades. It was the biggest such scandal in history.
We recently spoke with Linda Najim and Jason Gaswirth of Diamond...
The good news is: The financial services industry is "head and shoulders" above other industries when it comes to being prepared for a pandemic disaster.
The bad news is: There's still a ton of work to be done before banking institutions can say they're truly ready to face such a crisis.
Ultimately, when an institution's plan is complete, there should be four "pillars" in its strategy, says Regina Phelps, an internationally known expert in business continuity planning and emergency management.
With the popularity of online banking and the growing use of mobile web browsing, mobile banking is becoming an every day task for some people. Simply put, mobile banking is the use of financial services over mobile devices such as cell phones.
Your complaint is an essential resource for local, state, and federal law enforcement officials. Law enforcers review consumer complaints to spot trends and build cases against hackers, identity thieves, and scam artists.
Here's how to file a complaint about various types of Internet-related problems.