Breach Identity Theft MFA 
Seon
SEPTEMBER 11, 2023
As neobanks evolve, the one downside of their innovation is that it opens up many new methods of attack for fraudsters, such as identity theft, fraud rings, and account takeover attacks. Identity theft: Scammers can commit identity theft by using methods like phishing and vishing to impersonate genuine users.
Seon
JANUARY 29, 2024
It is also considered a form of identity theft, because it happens when someone logs into an account that isn’t theirs to exploit it. In the worst-case scenario, stocks can even plummet after a publicized breach. This could be accidental, or more sophisticated, for example following a mass phishing email campaign.
Stax
JULY 9, 2024
Data breaches that compromise consumer payment or sensitive business data, identity theft, and other forms of fraudulent transactions are all current threats of doing business—however, that is simply part of doing business in today’s digital age. What is the future of EFTs?
Fi911
SEPTEMBER 27, 2023
We’ve moved beyond the era of simple password breaches. As traditional safeguards like passwords and two-factor authentication fall short, liveness detection adds a crucial, real-time layer to identity verification. In an age of rapid tech advancements, the banking industry faces fresh security risks.
Seon
JUNE 15, 2023
Accordingly, BEC is not just limited to account takeovers and identity theft, but can also be a means for fraudsters to become imposters looking to subject the target company to further data breaches. Use multi-factor authentication (MFA) to alert you immediately to an unrecognized sign-in attempt.
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