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Wire fraud up 18% since SVB collapse

JPMorgan warns clients to protect personal account information

Whitney McDonaldbyWhitney McDonald
April 24, 2023
in Risk & Security
Reading Time: 2 mins read
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The collapse of Silicon Valley Bank opened a door of opportunity for fraudsters to take advantage of bank clients who have recently moved money or switched bank accounts — and banks are warning their clients to be cautious. Fraud prevention fintech CertifID has reported an 18% increase in fraud cases since March and has protected […]

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Tags: fraud and anti-fraudJPMorgan ChasePremiumSVB
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