Phishing and social engineering attacks to divert wire transfers or invoice payments are not new fraud techniques, but they have recently taken a back seat to ransomware as posing the greatest ...

October is Cybersecurity Awareness Month, the perfect time to provide some common-sense tips to avoid a common risk facing businesses: business email compromise and wire fraud. Businesses of all ...

CHICAGO (WLS) -- Imagine saving for years for a new home and then having your down payment disappear in the blink of an eye. Real estate wire fraud is now among the fastest growing scams in the U.S.

Tim Myers was about to close on a home in Fort Wayne, Indiana, when the email he’d been expecting popped into his inbox. His mortgage loan officer sent wire instructions for his down payment, along ...

Before the rise of payment apps and digital wallets, wire transfers were a go-to payment method for customers who needed to send money without handing over cash, and they’re still a valid option today ...

The City of Newport warned residents of a scam targeting businesses and individuals that have applications before the Newport Planning Commission.

Financial institutions continue to battle cyberattacks, particularly hackers who tap into the fiscal electronic freeway used to move large sums of money for real estate deal closings and other ...

The Federal Housing Administration (FHA) on Tuesday announced that it has published new Frequently Asked Questions (FAQ) information specifying how Secretary-held Home Equity Conversion Mortgage (HECM ...

Say you want to send a relative money for their birthday, but they live across the country and dropping a check in the mail feels too risky. You may decide to make an electronic, person-to-person ...