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JPMorgan Ups Cyber Defenses as Scam Attacks Rise
Trends, Reports, Analysis
January 19, 2024
PYMNTS
Mary Callahan Erdoes, head of the bank’s asset and wealth management division, highlighted a significant rise in cybercrime, with a 65% increase in fraud losses for U.S. financial institutions from 2022 to 2023.
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JP Morgan Chase
Financial Fraud
Cybercrime Losses
Financial Services Sector
Online Fraud
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