Electronic Fund Transfer (EFT) fraud is not new – nor with the increasing reliance on paperless financial activity, is it going away any time soon. Here are a few simple points to keep in mind.
In 2014, breaches of Fortune 500 companies were mostly associated with the loss, exposure, or theft of personally identifiable information and intellectual property. The result? Cybercrime and compliance costs are climbing for companies both in the U.S. and overseas.