Article: Banking Attacks Surge Along with Post-COVID Economy

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Banking Attacks Surge Along with Post-COVID Economy

Becky Bracken, 02 June 2021

FinTech fraud spikes 159 percent in Q1 2021 along with stimulus spending.

For many, COVID-19 has been a crushing catastrophe. But for bank scammers, it’s shaped up to be a nice little money-making opportunity.

As the post-pandemic economy roars back to life, cybercriminals are using a new whirlwind of transactions as cover to launch an extraordinary number of bank fraud attacks. In just the past quarter, the number of attacks on banks ballooned by 159 percent. Continue reading “Article: Banking Attacks Surge Along with Post-COVID Economy”

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