Community banks can be targets of large-scale fraud, just like larger banks. On the inaugural episode of the ABA Fraudcast, former ABA Chair Dan Robb, president and CEO of Jonesburg State Bank in Missouri, describes the recent targeting of his bank by fraudsters who texted thousands of residents of his community, seeking access to customer accounts. What followed for Robb and his team were fast lessons on all the areas his bank was prepared for, and a few challenges that were surprising. “We are no longer dealing with a mom-and-pop criminal,” says ABA’s Paul Benda, Fraudcast host. “This is institutional crime.”

The brand new ABA Fraudcast will be published every two weeks, on this site, in ABA Daily Newsbytes and wherever you listen to and subscribe to your favorite podcasts.

Stay tuned for a new show from the American Bankers Association. Hosted by cybersecurity and anti-fraud leader Paul Benda, the ABA Fraudcast will bring you expert insights, tools and strategies to help fight fraud every two weeks.

Paul Benda returns with the ABA Pandemic Update after a three week break to account for a spring break family trip to Greece returns. Benda reports they made the trip COVID-free. On this episode, he talks about a recent rise in cases, new BA.2 variants, fourth doses and improved booster shots, the dropping of mask mandates, and what the next few weeks and months may look like.