The financial sector has been deeply impacted by fraud, and security professionals are finding ways to mitigate it via artificial intelligence (AI).

Two individuals obtained credentials and then worked with others to open accounts and gain access to loans all illegally.

Credit and bank card fraud is costing more in the U.S. as banks drag their feet when implementing cards with computerized chips.

At least two people have been pictured installing a skimming device at an Orlando ATM days ago. It is the host city for the upcoming ASIS International event soon.

According to a recent survey, consumers are largely unaware of major security threats at their ATMs – but would switch banks if another institution demonstrated that it provided more secure ATMs.