News

ACH Operations Bulletin #1-2017: Social Engineering Fraud Against Public-Sector and Other Entities

Posted February 16, 2017

This ACH Operations Bulletin provides information to Participating Depository Financial Institutions and their business customers about a specific type of social engineering fraud that is targeting public-sector entities. Fraudsters have used these social engineering techniques to manipulate public-sector entities into redirecting legitimate vendor payments to accounts controlled by the fraudsters. Although any business entity could be the target of this type of social engineering attack, public-sector entities seem to be specifically targeted because their contracting information is often a matter of public record.

NACHA Government Relations Update - Feb. 16, 2017

Posted February 15, 2017

NACHA's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: CFPB Granted Rehearing of Court Ruling; NACHA Submits Comments on Enhanced Cyber Risk Management Standards and more.
 

NACHA Government Relations Update - Feb. 2, 2017

Posted February 1, 2017

NACHA's Government Relations update provides insight on policy matters at the federal and state level that could impact the ACH Network. In this edition: CFPB Releases Small Entity Compliance Guide for Prepaid Rule; Trump Signs Executive Order on Regulations.