{
  "id": 7907761,
  "title": "US Treasury wants banks to be better at filing cyber scam reports after noting nearly $13 billion in losses since 2023",
  "url": "https://urgent.news/2026/09/17/us-treasury-wants-banks-to-be-better-at-filing-cyber-scam-reports",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T00:10:00.000Z",
  "source": {
    "name": "TechRadar",
    "slug": "techradar",
    "url": "https://www.techradar.com/pro/security/us-treasury-wants-banks-to-be-better-at-filing-cyber-scam-reports-after-noting-nearly-usd13-billion-in-losses-since-2023"
  },
  "original_language": "en",
  "account": null,
  "summary": "The US Treasury's FinCEN arm has issued a new directive to financial institutions, urging them to improve their reporting of cyber scams. According to a recent alert, the agency has identified nearly $13 billion in losses since 2023, attributed to suspected digital asset investment scams targeting Americans. FinCEN flagged a total of 33,904 Bank Secrecy Act filings, with only 1,300 institutions submitting reports. The majority of these reports (29.7%) centered on scams exploiting the elderly. FinCEN's new requirement involves using a specific keyword, FIN-2026-SCAMCENTERS, and providing additional information such as chat logs, scammer contact details, wallet addresses, and transaction hashes. This initiative aims to combat a growing intelligence problem, as scammers often route victims through multiple institutions, making it difficult to trace the full lifecycle of a scam.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Ajel English",
        "title": "US Treasury holds talks with global banks to tighten Iran sanctions",
        "url": "https://urgent.news/2026/09/16/us-treasury-holds-talks-with-global-banks-to-tighten-iran-sanctions",
        "published": "2026-09-16T19:08:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}