Oct. 17, 2023, 3:14 p.m. |

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Cybercrime Expert Al Pascual on the Types of Scams Banks Often Overlook
Each year, financial scams cost banks up to $400 million in losses. Despite heavy investments in anti-fraud technology, banks are struggling to protect customers. Bank impersonation scams continue to be the most widely used approach for duping banking customers, said cybercrime expert Al Pascual.

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