Banks are reporting a ten-fold surge in digital scams, cybersecurity firm BioCatch says

Banks are reporting a ten-fold surge in digital scams, cybersecurity firm BioCatch says

BioCatch, a cybersecurity firm from Tel Aviv, reported a tenfold surge in digital scams for U.S. and Canadian banks. Criminals are increasingly using social engineering tactics to dupe customers into sending money, with Zelle being a favored platform due to its speed.

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