Remove Authentication Remove Identity Theft Remove Multifactor Authentication
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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. For customers exposed to breaches, identity theft risks skyrocket, leading to bank/credit card fraud plus medical/tax/employment fraud.

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Multifactor authentication is still hackable

Payments Source

MFA stops broad attacks, but more targeted hacks can still get through, says KnowBe4's Roger Grimes.

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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning

PYMNTS

It can also help financial institutions (FIs) assess data from multiple channels, create seamless connections and enable them to make complex authentication decisions and detect fraud in real time. Estimates suggest that synthetic identity theft is responsible for approximately 80 percent of the banking industry’s credit card losses.

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Fraud and Financial Crime 2020: Child ID Theft and More

FICO

Identity Theft Demands Self-Advocacy. My colleague, TJ Horan, recently blogged about his predictions regarding the very real threat of identity theft for consumers in 2020. Did you know that more than 1 million American children were victims of identity fraud in 2017 – and the damage included $2.6

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Survey: Real-time Payments Fraud Up for 4 out of 5 APAC Banks

FICO

Banks were asked which identity and authentication strategies they used, with the majority saying they used multifactor authentication (84 percent). Why try to crack a safe when you can walk in the front door?