An Atlanta man has been convicted in a massive phishing and fraud scheme that targeted Chase Bank, BofA. Authorities say the scheme defrauded the banks and ADP of $1.5 million. The core problem is the duping of consumers by increasingly sophisticated schemes, expert says. The American Bankers Association says education is critical, but technology also plays a role. The new Domain Naming initiative could solve the problem at least part of the ABA and The Financial Services Roundtable.”]
Source: https://www.cuinfosecurity.com/phisher-convicted-in-massive-scheme-a-4911