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Banks remain most breached sector as attacks hit record

Supporting data: The financial services sector saw 739 data compromises in 2025, the highest of any industry for the second consecutive year. Key insight: “Skimming 2.0” marks a resurgence of physical threats, with criminals deploying Bluetooth-enabled overlay skimmers at points of sale. Forward look: Regulators warn that reliance on third parties for critical activities creates […]

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Newrez beats zombie seconds suit over decades-old HELOC debt

Newrez has defeated a class action lawsuit regarding “zombie” second mortgages, after a judge rejected a borrower’s arguments around a lack of monthly statements from the servicer.  Processing Content U.S. District Judge Allison Burroughs granted the company’s motion to dismiss the suit Monday, giving Massachusetts plaintiff Eva Hodges 21 days to refile her complaint. The

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