PYMNTS

JUNE 8, 2020

PSD2 was designed with such risks in mind, and its Strong Customer Authentication (SCA) provision — which takes effect in participating countries throughout 2020 and 2021 — compels companies to verify users’ identities with multi-factor authentication (MFA) whenever they attempt to access user accounts or digitally send payments.

Authentication 60

Authentication MFA Phishing Scams 60

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Use multi-factor authentication (MFA) for SWIFT interfaces and applications. Focus on phishing awareness, secure usage of SWIFT systems, and compliance with CSP requirements.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Fintech News

MARCH 25, 2024

It typically operates by infecting a user’s device through various means, such as phishing emails, fake apps, or compromised websites. However, behind the scenes, the malware captures the user’s login credentials, account information, and other sensitive data entered into the fake UI.

Mobile Banking 120

Mobile Banking Online and Mobile Banking Identity Theft Credential 120

PYMNTS

FEBRUARY 8, 2019

Plus, professionals will often use paper or spreadsheets to keep track of those login credentials. The reliance on passwords means those credentials become more of a security liability than protector, as cyberattackers attempt to infiltrate enterprise systems. “We have a lot of customers not even employing MFA.

Phishing 66

Phishing Payment APIs and Integration Credential MFA 66

VISTA InfoSec

MAY 15, 2025

Prevent Compromise of Credentials 4.1 Implement robust authentication mechanisms such as MFA. Enhance Security Awareness and Training Train employees on phishing, social engineering, and cybersecurity best practices. Reduce Attack Surface and Vulnerabilities 2.1 Internal Data Flow Security 2.2 Security Updates 2.3

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise.

Scams 63

Scams Automation Phishing Email Compromise 63

Seon

JUNE 15, 2023

Fraudsters use manipulation tactics such as email-based phishing or take advantage of leaked company data to gain access to – and take over – one or more of the business’s accounts. A BEC attack is when a fraudster gains unauthorized access to a business’s account. The most damaging form of BEC is account takeover (ATO) attacks.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

Seon

JANUARY 29, 2024

In layman’s terms, users may refer to account takeover fraud as account hacking – when they realize someone stole their online credentials. This could be accidental, or more sophisticated, for example following a mass phishing email campaign. What Is Account Takeover Fraud? There are many paths to successful ATO fraud.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

FICO

SEPTEMBER 17, 2018

If there are vulnerabilities such as older versions of systems, outdated SSL certificates, use of poor network protocols, or the suspicion of phishing and malware originating from the organization’s servers, these are flagged and prompt corrective action can be taken.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

If there are vulnerabilities such as older versions of systems, outdated SSL certificates, use of poor network protocols, or the suspicion of phishing and malware originating from the organization’s servers, these are flagged and prompt corrective action can be taken.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

The Payments Association

FEBRUARY 17, 2025

AiTM attacks work by intercepting communication between a user and a legitimate service through phishing techniques. In an AiTM attack, the attacker typically sends a phishing email with a link that directs the victim to a fake login page (redirector or AiTM phishing page) designed to look like a legitimate service.

Phishing 88

Phishing Multifactor Authentication Authentication Credential 88

Fintech News

MARCH 1, 2025

Key compromises often happen through phishing attacks, malware, or social engineering tactics. Phishing & Social Engineering Hackers frequently trick users into revealing credentials through fake websites, emails, or impersonation. These methods remain alarmingly effective, especially against newcomers to crypto.

Security 120

Security Phishing Breach Audit 120

VISTA InfoSec

JUNE 4, 2025

Prevent Compromise of Credentials 4.1 Implement robust authentication mechanisms such as MFA. Enhance Security Awareness and Training Train employees on phishing, social engineering, and cybersecurity best practices. Reduce Attack Surface and Vulnerabilities 2.1 Internal Data Flow Security 2.2 Security Updates 2.3

SWIFT 130

SWIFT Security Best Practices PCI DSS 130