AFP Fraudwatch: Supermarket Breach Compromises Millions?
Supervalu, a Fortune 500 grocery retailer, revealed last Friday that it had incurred a security breach. At least one security expert believes that “millions” of credit and debit cards may have been compromised.
AFP Releases New Guide on Bank Account Reconciliation
The second installment in the 2014 AFP Treasury in Practice series focuses on bank account reconciliation. Underwritten by KeyBank, the guide provides best practices and examples of how companies reconcile their bank accounts on a daily basis to ensure accuracy, quickly identify exceptions and prevent fraud.
AFP Fraudwatch: Was Last Week’s Megahack Just Megahype?
You've probably heard about The New York Times’ explosive report that Russian hackers stole more than a billion user credentials. You were likely encouraged to change your passwords immediately—for everything. What you may not have heard is that all of the panic could be over nothing.
No Exceptions: A New Service to Lower Online Payment Miscues
NACHA has introduced a new program that aims to reduce online bill payment exceptions and check volume associated with exceptions, which cost the payments industry nearly $800 million per year.
AFP Fraudwatch: 600 Retailers Affected by POS Malware
More than 600 retailers may have point-of-sale malware installed in their stores, according to a new warning from government officials. Cybercriminals are reportedly targeting businesses that use remote desktop applications.