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

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. More Vulnerable in AP.

Scams 63

Scams Automation Phishing Email Compromise 63

PYMNTS

JUNE 3, 2020

The Australian government is conducting a nationwide push for APIs and open banking, meanwhile, with its regulatory body Australia Competition and Consumer Commission (ACCC) issuing licenses for organizations to access account data from the four largest banks in Australia. About The Tracker.

Real Time Payments 75

Real Time Payments API B2B MFA 75

FICO

SEPTEMBER 17, 2018

The group is also alleged to have orchestrated the $81 million cyber heist at Bangladesh Bank by siphoning off SWIFT payments from the bank’s Federal Reserve account. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

The group is also alleged to have orchestrated the $81 million cyber heist at Bangladesh Bank by siphoning off SWIFT payments from the bank’s Federal Reserve account. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

VISTA InfoSec

JUNE 18, 2024

A crafty hacker could infiltrate accounts secured by flimsy credentials. In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA). Simplistic credentials are entry points for hackers. Embrace the basics—insist on a formidable device passcode that’s routinely refreshed.

Data Security 208

Data Security Security Encryption Cybersecurity 208

PYMNTS

JUNE 29, 2020

The most popular technique, credential abuse, involves fraudsters using compromised passwords and other login information to gain access to sensitive systems. Passwords at this point can be ineffective as 65 percent of individuals use the same passwords for multiple accounts. There were 85.42

MFA 96

MFA Risk Security API 96

Seon

JUNE 15, 2023

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. 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.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

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. most common) passwords and check them against millions of accounts.

Phishing 66

Phishing Payment APIs and Integration MFA Credential 66

PYMNTS

OCTOBER 21, 2020

Securing P2P apps as well as other financial accounts will require banks to upgrade their security protocols and customers to take their security more seriously,” per the Playbook. Since there’s no putting the P2P genie back in the bottle, it’s up to financial institutions (FIs) to protect legitimate account holders. There were 1.4

P2P 56

P2P Security MFA Financial Crimes 56