The FDIC is hosting a one-day symposium on what it describes as “combating the threats posed by cyber criminals” The goals are to raise awareness, share best practices and identify technologies that may prevent these incidents. It’d be foolish to think that ACH fraud will go away after a single symposium. But it’d be even crazier to think it’ll disappear without this open discussion. The symposium is a start – it’s at least acknowledging a problem that a lot of people would just like to ignore. But we’ve got to quickly move beyond the talk to tactics.”]
Source: https://www.bankinfosecurity.com/blogs/abcs-ach-fraud-p-546