Fraud & Risk

Resource Center

...is an ongoing effort to develop strategic responses to the ever-changing dynamics of fraud in payments networks.

Preparing For A Cyber Incident: An Introductory Guide

US Secret Service - July 1, 2020

Preparing For A Cyber Incident: Contacting Law Enforcement

US Secret Service - July 1, 2020

Preparing For A Cyber Incident: Guide to Ransomware

US Secret Service - July 1, 2020

Fraud Classifier Model

Federal Reserve - July 1, 2020

Remittance transfers: Small entity compliance guide

CFPB - June, 2020

Unemployment Imposter Fraud

WesPay - May 18, 2020

Feds Suspect Vast Fraud Network Is Targeting U.S. Unemployment System

New York Times - May 17, 2020

COVID-19 Related Fraud Warnings

Advisory on Imposter Scams and Money Mule Schemes Related to Coronavirus Disease 2019 (COVID-19)
Beware of Scams Related to the Coronavirus
The Financial Crimes Enforcement Network Provides Further Information to Financial
Institutions in Response to the Coronavirus Disease 2019 (COVID-19) Pandemic

Resources

Over the past year, the Federal Reserve has spoken with more than 50 industry experts about the growing issue of synthetic identity payments fraud and its impact on the financial services industry. The following three white papers are the result of this research.