Browsing: FTC

What’s at stake: Widespread vendor concentration could propagate systemic cyber risk across financial services.Expert quote: Sen. Wyden accused Microsoft of “gross cybersecurity negligence” and profiting despite…

The Federal Trade Commission recently highlighted the dramatic surge in scams targeting older adults that has increased pressure on U.S. banks and credit unions to enhance…

10’000 Hours | Digitalvision | Getty ImagesCriminals are increasingly pilfering the retirement and other financial accounts of older Americans via so-called “imposter” scams, the Federal Trade…

Karl-Josef Hildenbrand/Picture Alliance via Getty ImagesThe number of older Americans who report losing more than $100,000 to fraud in a given year has more than tripled…