Feds Sue JPMorgan, Wells, BofA Over Zelle Fraud Given the administration is changing next month and the new administration is not fond of rules that negatively impact business, I don’t know if this lawsuit will go anywhere, but the complaint said it took Zelle years to respond at all to Zelle fraud and in most […]
Continue reading → [DISPLAY_ACURAX_ICONS]The Securities and Exchange Commission is not happy with JP Morgan for accidentally deleting millions of emails related to it’s Chase Bank subsidiary. The company deleted something on the order of 47 million electronic communications records from almost 9,000 mailboxes covering the period January 1 to April 23, 2018. Many of these records were required […]
Continue reading → [DISPLAY_ACURAX_ICONS]An article in the Times a week ago says that the Feds and States want banks and brokerage firms to close some gaping holes in their defenses. What is that gaping hole? OUTSIDE VENDORS! Many people are aware that the suspected source of the Target breach was a small HVAC contractor. They didn’t do anything […]
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