VISTA InfoSec

NOVEMBER 7, 2023

Mutli-Factor Authentication (MFA) isn’t a new concept. However, despite this, there is still confusion surrounding the mechanism and how it adds to cyber defense. This article unravels the mysteries of MFA and how it can be used to strengthen cyber defenses. Another mechanism that is heavily relied on is MFA.

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Authentication MFA Cybersecurity Credential 130

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

FICO

SEPTEMBER 17, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. Cosmos Bank in India recently had $13.5

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Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. Cosmos Bank in India recently had $13.5

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). Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. A single compromised login could damage your entire network.

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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. Any data breach that exposes one of their accounts potentially compromises every account that shares the same password. There were 85.42

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MFA Risk Security API 96

PYMNTS

OCTOBER 21, 2020

This means that even one compromised account could threaten all others that rely on the same credentials, potentially costing victims a fortune in stolen money and data.”. Studies have found that using MFA can prevent more than 99.9 percent of attacks that utilize stolen credentials.”. P2P Is A Double-Edged Sword.

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P2P Security MFA Financial Crimes 56

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. “We have a lot of customers not even employing MFA.

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Phishing Payment APIs and Integration Credential MFA 66