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Back to Home » June 2022 News » Money Mules: The $3 Billion Problem for U.S. Banks |
Money Mules: The $3 Billion Problem for U.S. Banks |
June 22, 2022
Money mules constitute up to 0.3% of accounts at U.S. financial institutions, or an estimated $3 billion in fraudulent transfers This estimate is considered low as most mule accounts go undetected New research shows emerging attack methods using hybrid bots enable criminals to open mule...
Source URL: https://www.prnewswire.com:443/news-releases/money-mules-the-3-billion-problem-for-us-banks-301572084.html
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