Tag: safe harbor

  • Day 224: Safe Harbor

    Day 224: Safe Harbor

    #QuickbiteCompliance day 224 Safe Harbor: Protection for Good Faith Reporting—But Can Criminals Abuse It?   Safe harbor laws protect banks and employees when they report suspicious activity—even if no crime is ultimately found. This encourages more reporting without fear of lawsuits.   But here’s the catch:   Bad actors can exploit safe harbor by flooding systems with false…