Swiss FINMA publishes Guidance on Managing Digital Fraud Risks, warning from a 19-bank survey of rising fraud since 2022 and serious gaps in AML and operational controls as digital threats escalate

by | Apr 9, 2026

The regulator warns that digital banking expansion and emerging technologies, including AI, are increasing exposure to fraud and ML, with gaps identified in governance, incident response, and horizon scanning capabilities across several institutions. FINMA stresses...

FinCEN announces a targeted enforcement initiative to disrupt Govt healthcare-related fraud schemes, using intelligence-led analysis to detect and stop ML networks abusing U.S. public benefit systems

by | Mar 30, 2026

The initiative focuses on identifying and combating networks involved in healthcare-related fraud, money laundering, and misuse of public benefit programs, using enhanced data analysis, inter-agency coordination, and enforcement actions to trace illicit flows and hold...

IMF’s Cyber Events and Digital Fraud in Financial Sector report finds cyber incidents account for 10% of global cases, while cyber-enabled fraud has nearly tripled and remains widely underreported

by | Mar 27, 2026

The paper examines global trends in cyber events and digital fraud affecting the financial sector using multi-source data, including cyber incident databases, official fraud statistics, and industry surveys. It finds a sharp rise in both cyberattacks and fraud over...