Carter Pape

2 weeks ago | today.westlaw.com | Carter Pape

A federal inspector that provides auditing and investigative services for Congress said in a report this week that the three U.S. agencies that lead efforts against consumer scams lack a cohesive strategy for fighting scams, so the FBI should take...

2 weeks ago | americanbanker.com | Carter Pape

Three U.S. cybersecurity-focused agencies, alongside similar agencies in Australia, Canada, and New Zealand, recently issued a warning about fast flux, a type of tactic threat actors use to avoid detection and eviction from networks. Fast flux provides threat actors with network redundancy and enables them to avoid drawing too much attention to any specific network resource — such as an IP address, a name server or a domain name.

2 weeks ago | today.westlaw.com | Carter Pape

Three U.S. cybersecurity-focused agencies, alongside similar agencies in Australia, Canada and New Zealand, recently issued a warning about fast flux, a type of tactic threat actors use to avoid detection and eviction from networks.

3 weeks ago | americanbanker.com | Carter Pape

Evolve Bank & Trust settled a class action lawsuit by plaintiffs representing approximately 18 million victims of a 2024 data breach at the bank. The settlement will cost the bank $11.9 million. The settlement will effectively cost the bank, headquartered in West Memphis, Arkansas, roughly 66 cents per victim whose identifying information was compromised, not including other costs such as attorney fees, staff time spent on investigating and reputational damages.

3 weeks ago | americanbanker.com | Carter Pape

The banking commissioner of Connecticut ordered a couple to pay back investors $843,000 plus interest after an investigation found they consistently spent invested money on personal expenses, including rent, spa services, groceries, plastic surgery, ATM withdrawals and purchases from department and jewelry stores.