Remove Crime Remove Multifactor Authentication Remove User Authentication
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Fraud and Financial Crime 2020: Child ID Theft and More

FICO

I am going to keep looking forward – especially when it comes to 2020 predictions for fraud and financial crime. A better question may be: why have fraud and financial crimes used siloed technology for so long? There is an estimaged 85% overlap in the technology used by fraud and financial crime compliance teams.

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Adversary-in-the-middle fraud: A growing concern for payments providers in 2025

The Payments Association

When the victim enters their credentials, the attacker captures these details and may steal session cookies to bypass multifactor authentication (MFA). Using stolen session cookies, the attacker can authenticate themselves into the victim’s account, gaining unauthorised access to emails or other resources.