“Fraud and scams are an enormous threat to Americans and the financial system. On behalf of America’s leading retail banks, CBA has long called on policymakers to address the issue through a whole-of-government strategy that works across industries to protect consumers and their hard-earned money.
“We applaud President Trump for taking decisive action today, which will enhance interagency coordination, pursue the criminal networks behind these attacks, and prioritize prosecution of cyber-enabled fraud.
“CBA looks forward to working with the Administration and Congress to build on this momentum…
Treat every unsolicited “urgent” communication from a bank or government agency as a potential “Vishing” or “Smishing” attack, regardless of how official the branding or phone number appears.
Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released a new statement after President Donald J. Trump signed an Executive Order (EO) to combat cybercrime, fraud, and predatory schemes targeting American families, businesses, and critical infrastructure.
“Fraud and scams are an enormous threat to Americans and the financial system. On behalf of America’s leading retail banks, CBA has long called on policymakers to address the issue through a whole-of-government strategy that works across industries to protect consumers and their hard-earned money.
“We applaud President Trump for taking decisive action today, which will enhance interagency coordination, pursue the criminal networks behind these attacks, and prioritize prosecution of cyber-enabled fraud.
“CBA looks forward to working with the Administration and Congress to build on this momentum…
HOW TO SPOT A “RED FLAG” (THE BEHAVIORAL AUDIT)
Keep an eye out for these behavioral shifts in your staff:
Refusal to take leave: Afraid someone will find their “adjustments.”
Unexplained wealth: Buying luxury items that don’t match their known salary.
Working odd hours: Preferring to work alone late at night when no one is watching the system.
“Gatekeeper” behavior: Becoming overly defensive or angry when someone asks to see their records.