Sentences with word «cyberfraud»
The Global Cyber Alliance (GCA), a non-profit organisation involving the New York county district attorney, City of London police and the Centre for Internet Security, will emphasise the importance of cyberfraud prevention and offer specific measures that businesses can put in place.
globalcyberalliance.org
Manhattan U.S. Attorney Preet Bharara said Shavers, 32, combined financial fraud and cyberfraud into a bitcoin Ponzi scheme offering «absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments.»
Owing to the systemic risk to banking and insurance posed by cyberfraud, it is a major issue for the Financial Conduct Authority (FCA) and the firms it regulates.
Naturally a myriad of potential civil liabilities arise for firms and their directors / senior managers as a result of cyberfraud.
It now offers institutions tech tools for mortgage lending, credit card processing, cyberfraud and more.