Remove Multifactor Authentication Remove Phishing Remove Verification
article thumbnail

Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs. Accidental data leaks by insiders mishandling information also trigger breaches frequently.

article thumbnail

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

PYMNTS

Banks must instead leverage multilayered defenses that harness employee and customer education, ironclad verification and artificial intelligence (AI)-enhanced fraud detection systems to keep customers’ money and personal data safe. People are one click away from a malware download or credential phishing [website].

article thumbnail

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

PYMNTS

FIs that combine multiple identity verification methods put up more obstacles for cybercriminals, who must then steal victims’ login details as well as their smartphones or find ways to intercept OTPs. Fighting Phishing. Educating account holders about threats can be especially effective in foiling phishing attacks, for example.

article thumbnail

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

The Payments Association

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.