Remove Bots Remove Compromise Remove Phishing
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Deep Dive: Reducing The Security Risks Of Open Banking

PYMNTS

The most popular technique, credential abuse, involves fraudsters using compromised passwords and other login information to gain access to sensitive systems. Any data breach that exposes one of their accounts potentially compromises every account that shares the same password. There were 85.42

MFA 96
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ProofPoint Warns Of Bank Trojans: A Massive Threat Executives May Overlook

PYMNTS

Business Email Compromise scams continue to grow and steal more corporate money than ever before. Phishing emails — 93 percent of which include ransomware, according to ITProPortal — should by no means be ignored. ProofPoint’s report does not underestimate the strength of ransomware attacks via phishing.

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When The Text Message From The Bank Isn’t From The Bank

PYMNTS

In the third quarter of 2019 alone, mass “bot” attacks on FIs and card accounts rose by 70 percent year on year, indicating that fraud is getting, well, faster. We are able to put strategies in place right now, before the attack becomes a broad compromise,” Lynch said. The Linked Analysis Defense.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

Identifying and Mitigating Payment Security Threats Phishing scams, social engineering, bot attacks—these are just a few of the most pressing cybersecurity threats that can be so devastating they have real-time effects. Finally, train employees on security best practices and how to recognize phishing attempts and other frauds.

PCI DSS 88
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Apple Devices Can Now Use Google Two-Factor Authentication

PYMNTS

Compromised credentials are one of the most common causes of security breaches. Google says iPhone and iPad users can now verify sign-ins with their Android security key, according to a report by TechCrunch. Since the introduction of 2SV, Google said, 100,00 users are using their Android devices as a security key.

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Anatomy Of An ATO: How To Spot A Fraudster

PYMNTS

Finally, Shem-Tov said regaining control of compromised accounts can be a long and complicated process, starting with proving one’s identity to the security and customer service team. Then, there’s classic email phishing which uses social engineering to persuade customers to divulge their personal information. It Takes All Kinds.

Breach 50
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Deep Dive: Confronting APIs’ Authentication, DDoS Security Threats

PYMNTS

Social media networks’ APIs could collect users’ contact information for scammers’ targeted phishing campaigns, for example. Others gain system access by intercepting and viewing messages with API keys or using phishing attacks to trick legitimate users into connecting with hackers’ systems, enabling fraudsters to acquire those keys. .

API 52