In the ever-evolving cat-and-mouse game of computer scams, the latest iteration may be the most sophisticated and nefarious. According to the FBI, Americans lost $10.3 billion to internet fraud in 2022. An increasing percentage of that loss arises from what law enforcement calls business email compromise (BEC) or email account compromise (EAC) fraud.
Tag: Fraud
R. Guy Taft Appointed To Strauss Troy Board Of Directors
Strauss Troy, one of Greater Cincinnati and Northern Kentucky’s leading law firms, announced that R. Guy Taft has been appointed to the 2014 board of directors. Guy is co-chairman of the firm’s litigation group and concentrates his practice in federal and state court litigation appeals in the areas of intellectual property disputes, breach of contract, fraud, health care …Read More
Mobile Banking – Are You At Risk?
More than 45 million people will use mobile banking apps by 2014, and nearly 1 billion consumers already use some form of remote banking, according to industry studies. Mobile banking transactions are fast and offer an easier way to pay bills, deposit checks or monitor your accounts. While convenient, mobile banking poses risks to your …Read More
7 Tips To Enhance Your Mobile Banking Security
1. Play Password While this seems simple enough, many people avoid password protecting their device because it makes it less convenient to access their phone. Do it anyway. 2. Don’t Store Secrets If an app allows you to store your user name for future use, don’t do it. It is just one more piece of …Read More
How To Protect Yourself Against Investment Fraud
Local investors have accused Cincinnati based money manager Glen Galemmo of running an elaborate Ponzi that could see investment losses of hundreds of millions of dollars. Because Ponzi schemes are not the only danger facing investors as they take greater responsibility of their own portfolios, here are some tips to help you avoid becoming a victim of any investment scam.