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Financial Scams & Security
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Latest in Financial Scams & Security
Cyber insurance - rates, AI exposure and rising litigation
4+ hour, 52+ min ago (60+ words) Insurance Business Is the softening in cyber rates rational given current loss trends? That was one of the questions put to experts from Gallagher and Hub International in the latest Cyber Insurance Power Panel at Insurance Business TV. They also…...
$2.8M FinWise Bank data breach class action settlement
1+ hour, 41+ min ago (456+ words) FinWise Bank, FinWise Bancorp and American First Finance agreed to a $2.8 million class action settlement to resolve claims they failed to prevent a 2024 data breach that compromised sensitive consumer information. The FinWise Bank data breach allegedly compromised sensitive consumer information,…...
Lincoln Investment Data Breach Lawsuit Investigation
2+ hour, 27+ min ago (204+ words) Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in data breach cases, is investigating the Lincoln Investment Planning, LLC data breach. Lincoln Investment Planning, LLC is a financial services firm based in Fort Washington, Pennsylvania. The…...
FSS Restricts Sale of '700 Whole Life Insurance' Products by Life Insurers
6+ hour, 3+ min ago (140+ words) Published 21 Sep.2026 21:43(KST) Life insurance companies will face restrictions on selling products that allow policyholders to receive 100% of the surrender value after seven years from the policy start date. These products reach a 100% surrender value rate from the seventh year…...
Chinese banks duped by $3B in fake gold loans tied to Kingold Jewelry
1+ hour, 57+ min ago (83+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
$8.31M TransUnion inaccurate credit report class action settlement
3+ hour, 31+ min ago (447+ words) TransUnion agreed to pay $8.31 million as part of a class action settlement to resolve claims that it sold inaccurate consumer reports that contained bankruptcy remarks despite there being no public record of a bankruptcy filing. The TransUnion settlement benefits consumers…...
Cyber insurance gap leaves UK property businesses dangerously exposed: GlobalData
4+ hour, 19+ min ago (197+ words) Cyber insurance remains underpenetrated among the UK real estate and renting businesses, despite cyberattacks against UK property services companies increasing by 17% in 2025. A combination of rising cyber exposure and relatively low insurance uptake is leaving a significant proportion of property…...
Barrie man loses $200K in cryptocurrency investment scam
3+ hour, 58+ min ago (630+ words) Barrie Police are warning residents about cryptocurrency and investment scams after a 78-year-old man lost about $200,000. The Barrie Police Fraud Unit became involved after the man's bank raised concerns about suspicious financial activity. Police say the Barrie resident began communicating…...
Chilean banks strengthen cybercrime defences through Microsoft intelligence partnership
3+ hour, 49+ min ago (162+ words) Chile’s banking association is partnering with Microsoft’s Digital Crimes Unit to strengthen threat intelligence sharing and improve the financial sector’s ability to detect and respond to cybercrime and digital fraud. The Association of Banks and Financial Institutions of Chile (ABIF)…...
North Korean Hackers Turned Crypto Job Interviews Into A Trap
3+ hour, 9+ min ago (536+ words) Home » News » WaterPlum Turned Crypto Job Interviews Into a Malware Trap The ICOBench Editorial Team is a specialized group of blockchain analysts and technical auditors dedicated to bringing transparency to the decentralized fundraising ecosystem. Operating since… North Korean hackers, a…...