US Banks Witness 1,000% Surge in Digital Scams As JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $166,000,000 on Zelle in One Year: Report
2025-07-03 22:46:48

Description
US banks are witnessing a massive surge in sophisticated digital scams, according to a new report. The number of social engineering scams targeting both US and Canadian bank customers has exploded 1,000% in the last year, according to the cybersecurity firm BioCatch. Social engineering scammers use deceptive tactics to impersonate entities like banks or family members, tricking victims into transferring money or disclosing sensitive information. The new data comes as a new congressional report f...
$BTC
$108982.3
--0.29%
Latest News
- Robinhood Plans To Launch ‘Military Grade’ Chain Optimized for Real-World Assets, Says CEO Vlad Tenev2025-07-04 05:48:46
- ‘Elevated Inflation Era’ Underway As Treasury Secretary Bessent Rejects Idea of Issuing Long-Term Bonds: Macro Guru Jim Bianco2025-07-04 05:48:39
- Central Bank Digital Currency (CBDC) – Global Officials Look at New Era of Digital Finance2025-07-04 05:47:30
- R0AR’s $1R0R Token Roars onto MEXC Exchange, Expanding DeFi Accessibility2025-07-04 05:47:07
- Analyst Sees 98% Surge for Top Solana Challenger, Predicts at Least 2x Rally for One SOL-Based Altcoin2025-07-04 05:46:58