US Senate Panel Hears Plea for Action on Bank Spoofing Scams
US Senate Panel Hears Plea for Action on Bank Spoofing Scams
02 February 2024
A top U.S. banking lobbyist told a Senate panel Thursday there are limits to what financial institutions can do to stop scammers from draining individual banking accounts and called on regulators like the FCC to do more to combat caller ID spoofing.