Breach Credit Risk Liquidity Risk 
PYMNTS
DECEMBER 5, 2018
John Legere released a statement when the news broke, offering customers access to free credit monitoring and identity resolution services, and emphasizing the company’s efforts to assist clients concerned about their privacy. Rather, a hack at its credit reporting vendor Experian led to the data breach.
The Finance Weekly
AUGUST 26, 2023
Risk of Credit/Default The risk associated with credit/default pertains to the probability of borrowers failing to meet their obligations of repaying the principal amount and the interest on their loans. AI's continuous real-time monitoring boosts business vigilance, alerting when certain limits are breached.
PYMNTS
JUNE 17, 2020
In financial fraud, the breaches come when bank standards are lax. That tactic — cutting corners and pennies — shows a glaring disconnect in risk management, according to Taylor. He said banks pay a lot of attention to financial risk, spanning liquidity risk, credit risk and overall exposure to different markets.
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