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Spotlight: Banks Face Growing Cybercrime Threat

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Abstract

Cybercrime is on the rise in the Eleventh District, with reported incidents jumping 15 percent to 31,185 in 2018 and losses increasing 69 percent to about $220 million over the 12-month period, according to FBI data.

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  • Michael Perez & John Suek, 2019. "Spotlight: Banks Face Growing Cybercrime Threat," Southwest Economy, Federal Reserve Bank of Dallas, issue Fourth Qu.
    • Handle: RePEc:fip:feddse:87589
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