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Cyberfraud/ID Theft

About 94 percent of financial services companies have experienced fraud
AML compliance related costs have increased by more than 50 percent over the past three years
An increase in the likelihood that businesses may use crypto currencies for transactions
Of the most influential sectors are customer service, financial services, and fraud detection
The FBI noted that these scams have increased 136% worldwide from December 2016 to May 2018
It’s frequently used to describe situations where the preferred state is not too much of something or not too little
Exam Council issues joint statement on cyber insurance and its potential risk management role
Risk inexorably increases, now targeting Internet of Things as well
Boards deem cyber defense critical while tech experts see growing career options
A new term you need to know: “cyber threat intelligence”
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