Remove Credential Remove Multifactor Authentication Remove Scams
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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks. Skilled hackers use sophisticated tools to exploit the slightest weakness in defenses.

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Deepfakes Threaten To Become The New BEC Scam

PYMNTS

The business email compromise (BEC) scam continues to rear its ugly head at the enterprise, with the global pandemic creating even more avenues through which cyber attackers can steal company money. At the heart of BEC and other scams is impersonation.

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Hacker Tracker: Call Center Scams, Password Reuse Dangers

PYMNTS

In India, call centers are becoming a prime launching point for fraudsters to target Americans, while the advertising industry is dealing with the continued threat of the elaborate Methbot scam. The call center employees would then demand immediate payment from scam victims to cover bogus taxes that were never paid and owed.

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Deploying A Multilayered Fraud Prevention System During The COVID-19 Pandemic

PYMNTS

The Federal Trade Commission (FTC) has received 18,235 reports of virus-centric scams since the beginning of the year, and these incidents have resulted in more than $13.4 People are one click away from a malware download or credential phishing [website]. million in losses.

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Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

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.