US Treasury wants banks to be better at filing cyber scam reports after noting nearly $13 billion in losses since 2023 | Daily Reports Online
The US Treasury’s FinCEN arm asks financial institutions to file scam center suspicious activity reports under a new keyword FinCEN says that it flagged financial moves across 33,904 different filings, but actual losses might differ significantly, as the approach is prone to double-counting transactions Only 1,300 institutions filed reports, with 10,082 (29.7%) of them centering…










