News
-
Cyber Scams 2.0 – new tips to help boost your cyber skills
They say that everything happens for a reason. When it comes to cybercrime, this seems to be an accurate statement. Criminals will target individuals with a very specific reason in mind: steal their money and their personal data. In order to do so, they look for any weak points of entry that they can use to implement their scams and extortion plans. One of the solutions to this threat lies within the field of crime prevention – the more aware individuals are of potential cyber scams, the more prepared and secure they can be.
-
European Money Mule Action leads to 1 803 arrests
Today saw the conclusion of the anti-money mule operation EMMA 7, an international action coordinated by Europol in cooperation with 27 countries, Eurojust, INTERPOL, the European Banking Federation (EBF) and the FinTech FinCrime Exchange. The operation resulted in 1 803 arrests and the identification of over 18 000 money mules. It also revealed that money mules were being used to launder money for a wide array of online scams such as sim-swapping, man in the middle attacks, e-commerce fraud and phishing. +
-
Black Friday: protect yourself against online fraud
With the growing use of digital channels, further accentuated by the effects of the pandemic, online fraud attempts have also increased, so it is important to be aware and report all the suspicious situations. +
-
Basel III package: EBF calls for further dialogue to secure Europe’s economic growth
The European Banking Federation (EBF) takes note of the relevant items outlined in the legislative proposal published today by the European Commission and highlights the importance of continued dialogue between banks and policymakers to complete the implementation of the internationally agreed prudential standards of Basel III. While the proposal puts forward several aspects previously identified by the Federation and provides a basis for further discussion, permanent solutions must be adopted to maintain banks’ current capital ratios without reducing their capacity to finance the economic recovery and to fund Europe’s digital transformation and sustainable transition.
+
-
APB launches a digital literacy programme
As part of its Financial Education Project, the Portuguese Banking Association will launch, from September, a Digital Literacy Programme under the theme “Everything you need to know about online banking”, targeting elderly people not yet familiar with the use of online banking.
+