Cybersecurity FTC Scams 
PYMNTS
DECEMBER 28, 2020
As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity. .
PYMNTS
SEPTEMBER 28, 2016
monthly fee for credit monitoring the FTC said they never ordered. The FTC and the states of Illinois and Ohio said they secured the consumer redress as part of a settlement of charges against One Technologies in Jan. The FTC alleged that the defendants violated the FTC Act and the Restore Online Shoppers’ Confidence Act.
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PYMNTS
AUGUST 17, 2020
In this week’s Data Digest, PYMNTS rounds up the latest cases and research into how corporates are being targeted with crimes like the business email compromise (BEC) scam, as well as how they’re fighting back. The year-over-year cybersecurity budget increase amounts to an average spend of $2,691 per employee.
PYMNTS
NOVEMBER 18, 2020
The Federal Trade Commission (FTC) has alleged that the mobile banking app Beam Financial has misled customers about quick transfers of funds, a press release says, with some customers receiving funds late or not at all. Some of the most popular scams included eCommerce sites not delivering items that had been promised.
PYMNTS
JANUARY 28, 2021
PYMNTS recently reported Federal Trade Commission (FTC) figures finding, “More than 200,000 Americans were scammed out of $145 million relating to the pandemic since the beginning of 2020.” Consumers Getting Wise To Scams. Fortunately, the general population is getting savvier about cyber scams.
PYMNTS
OCTOBER 2, 2020
The Straits Times , a Singapore newspaper, reported that police have received about 11 reports of purchase order (PO) scams since August. More than 200,000 Americans have lost $145 million linked to the COVID-19 pandemic since the start of the year, the Federal Trade Commission (FTC) reported last month.
PYMNTS
JANUARY 6, 2017
In India, call centers are becoming a prime launching point for fraudsters to target Americans, while the advertising industry is dealing with the continued threat of the elaborate Methbot scam. The call center employees would then demand immediate payment from scam victims to cover bogus taxes that were never paid and owed.
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