article thumbnail

Elder Fraud: 5 Ways to Protect the Ones You Love

FICO

Since today’s elders are not digital natives, this will probably include your taking the opportunity to show them what phishing text messages look like. Educate yourself on how criminals specifically target the elderly , and teach your loved one what elder fraud scams are and how to avoid them.

article thumbnail

Transitions Edition: Sofi, Chipotle And Equifax

PYMNTS

Then there was the fake phishing site to which the credit rating agency accidentally referred a bunch of recently breached people, as they could not distinguish their own site from a cloned version of it. Equifax has been the Bad News Bears of financial services lately. adult population to the dark web for exploitation.

FDIC 43
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Sizzle Of The Week: Amazon Solves The Last Mile Problem With Whole Foods

PYMNTS

Steve Mnuchin: For diplomatically telling the Justice Department to please let them digitize pot payments, and equally diplomatically telling the CFPB to please help with the Equifax hack investigation. Bad guys have been using a phishing scam to target employees at firms and grab hold of their paychecks, before said paychecks hit accounts.

article thumbnail

Fintech Meetup 2025 Review: Speed Networking and In-Depth Content in Vegas

The Fintech Times

With tools like deepfake identity generators, fake KYC documents, and automated phishing scams, cybercriminals are launching sophisticated attacks at scale. Generative AI has created a new breed of fraudsters who dont need years of experience to manipulate financial systems. Dammeir shrugged at the uncertainty.

FinTech 59
article thumbnail

Amid Corporate Fraud Risks, Execs Blunting Email, Supply Chain Attacks

PYMNTS

It turns out companies are having some success in the everlasting battle against corporate fraud — in B2B, email phishing scams and supply chain attacks in particular. The efforts will involve the Department of Justice, CFPB , SEC and Federal Trade Commission , along with agencies in law enforcement at the local level.

Risk 40