I had a byline published in Fintech Bloom in May -- "The Fraud Liability Debate Is Asking the Wrong Question" -- and the response from clients and peers pushed me to break the argument out into something more usable.
The short version: fraud doesn't originate inside your bank. It enters through your business. Through email, through stolen credentials, through one employee who didn't catch a spoofed domain. The financial system's fraud defense ends at the bank's perimeter. Your office is outside it.
I wrote three posts on this for the IT CloudLink blog. The arc is problem, failed solution, real solution:
- You Are the Entry Point -- two real incidents, the Regulation E gap, and why your security posture is fintech infrastructure whether you know it or not
- Why Liability Shift Won't Save Your Business -- the UK mandated bank reimbursement for authorized push payment fraud; losses rose anyway; your cyber insurance is the same bet
- Where the Defense Actually Has to Live -- the specific tools that exist, the cloud shared-responsibility analogy, and what closing the gap actually looks like operationally
If you run a law firm, a medical practice, or any business that moves money -- start with Post 1.