security & fraud

CFPB Gets $14M In Relief For Deceived Consumers Since Start Of Year
CFPB Gets $14M In Relief For Deceived Consumers Since Start Of Year
September 13, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau announced Tuesday (Sept. 12) that recent supervisory actions resulted in $14 million in relief to more than 104,000 consumers from...

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Wells Fargo CEO Says Cost Controls Are Improving At The Bank
Wells Fargo CEO Says Cost Controls Are Improving At The Bank
September 13, 2017  |  Bank Regulation

Tim Sloan, CEO of Wells Fargo & Company, said Tuesday (Sept. 12) that the company is improving its cost controls in relation to revenue as...

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TCF Bank Sees Partial Ruling In Its Favor In Overdraft Fees Case Lodged by CFPB
TCF Bank Sees Partial Ruling In Its Favor In Overdraft Fees Case Lodged by CFPB
September 12, 2017  |  Bank Regulation

Late last week, regional bank TCF Financial Corporation saw a judge dismiss some of the claims lodged against it by the Consumer Financial Protection Bureau....

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Avast Sees 40 Percent Uptick In Hacks Targeted At Android Devices
Avast Sees 40 Percent Uptick In Hacks Targeted At Android Devices
September 12, 2017  |  Security & Fraud

Digital security products company Avast announced new research Monday (Sept. 11) that shows an increase in the number of cyberattacks on Android smartphones and tablets....

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Senators Want Answers From Equifax CEO About Data Breach
Senators Want Answers From Equifax CEO About Data Breach
September 12, 2017  |  Safety and Security

Equifax, the latest company to be embroiled in a massive data breach, is facing questions from two top U.S. senators on both sides of the...

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Equifax Hack Impacts 143 Million Customers
Equifax Hack Impacts 143 Million Customers
September 08, 2017  |  Security & Fraud

Credit scoring company Equifax announced Thursday (Sept.7) it had experienced a cybersecurity incident that may have impacted approximately 143 million consumers in the U.S., as...

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Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist
Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist
September 08, 2017  |  International

The Department of Justice in the Philippines has recommended that charges be lodged against a former bank manager who allegedly helped launder millions of dollars...

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Yahoo Lawsuit Over Data Breaches Can Go Forward
Yahoo Lawsuit Over Data Breaches Can Go Forward
September 01, 2017  |  Security & Fraud

Internet search browser company Yahoo, which was sold to Verizon Communications, will face a nationwide lawsuit lodged against it on behalf of more than 1...

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High Court To Indian Government: Citizens Have Right To Privacy
High Court To Indian Government: Citizens Have Right To Privacy
August 25, 2017  |  Security & Fraud

The Indian government could face a setback to its controversial biometric identification program in light of the country’s latest supreme court ruling. On Thursday, the...

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