Fraud Fighters Eye Info-Sharing Deficit; UK Fraud Surges, But Banks fail to Crowdsource Defenses. Financial Fraud Action UK reports that in the U.K. last year, .301 million ($494 million) was lost to “card not present fraud” Survey: Most banks still aren’t sharing threat information, and they have no plans to do so. Some banks don’t want to be publicly outed as the source of any piece of threat intelligence, lest it undermines their security reputation with customers.”]
Source: https://www.cuinfosecurity.com/fraud-fighters-eye-info-sharing-deficit-a-7355