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ICBA: Bill targeting financial fraud would increase scams
ICBA and other groups told members of Congress that their legislation to shift liability for authorized transactions to financial institutions would increase scams.
Fed’s Waller: Domestic networks for fast payments need to be developed before international links
Federal Reserve Governor Christopher Waller said global networks for fast payments would have to be founded on well-developed domestic networks or it “could end up being a road to nowhere.”
SEC files charges against crypto firm
The Securities and Exchange Commission announced that it filed charges against a “crypto bank” that claimed depositors could earn returns “auto-magically.”
CISA warns of Iran-based ransomware attacks
The Cybersecurity and Infrastructure Security Agency, the FBI and the Department of Defense warns of cyber actors known as Pioneer Kitten, UNC757, Parisite, Rubidium, and Lemon Sandstorm are...