Lessons From ATM Cash-Out Scheme in Japan

ATM Fraud , Fraud Lessons From ATM Cash-Out Scheme in Japan Vigorous Fraud Detection, Transaction Anomaly Monitoring Needed Tracy Kitten (FraudBlogger) • May 25, 2016     A Japanese ATM cash-out scheme that stole $19 million from South Africa’s Standard […]

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Kbank in $142m-a-year digital banking drive

Kasikornbank (Kbank), one of the largest banks in Thailand, says it is to spend THB 5 billion ($142 million) per year in a digital banking transformation project. Kbank, the country’s fourth-largest lender by assets (THB 2.5 trillion/$71 billion), says it […]

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Bangladesh Bank Heist: Lessons Learned

Malware Attack Highlights Need for Better Network Intrusion DetectionA report that the $81 million Bangladesh Bank heist was linked to customized malware has raised questions about the security of SWIFT transactions. But the more critical issue, fraud experts say, is […]

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