Remove Blocks Remove Mobile Banking Remove Phishing
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Securing Mobile Apps Against Malware and Phishing Attacks in Indonesia

Fintech News

Indonesia’s financial technology landscape is experiencing explosive growth, fueled by the rise of mobile payments and digital banking. Phishing attacks are also on the rise, with SOCRadar reporting nearly 20,000 targeting Indonesia in just the first half of 2021, representing a staggering 38% increase compared to the prior year.

Phishing 119
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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Deep Dive: Keeping Digital-First Banking Secure With AI, Biometrics. billion by 2024.

Blocks 106
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The state of fraud in 2024: Key mid-year takeaways

The Payments Association

Whether through fake profiles, phishing emails, or fraudulent advertisements, criminals are finding new ways to manipulate people into sharing their financial details or authorising payments. As mobile banking apps become the preferred platform for an increasing number of users, fraudsters have identified new vulnerabilities to exploit.

Scams 88
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President Obama On The ‘Cyber Arms Race’

PYMNTS

The malware targets users’ banking apps and steals credit card information. Kaspersky Lab follows the activity of cyberthreats, including such malware, which steals data using an overlay screen on real mobile banking apps and in the Google Play Store. From there, the malware receives more of the user’s information.

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End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

The malware is known as the Faketoken Android Trojan , a mobile banking malware designed to steal credentials such as name, credit card number and CCV, amid other information. Segwit2x will feature two-megabyte blocks in the blockchain ledger, allowing it to operate faster than Bitcoin but still slower than Bitcoin Cash.

Bitcoin 40
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Top 5 Fraud Manager Considerations During COVID-19

FICO

Blocked cards and frozen funds that are under investigation are a major headache to consumers and nimble organizations will be doing all they can to minimize these and to look at how they might make their policies more flexible. Retail Banking Channels. Examples include fake emails from CDC, WHO, and FEMA.