Remove Compromise Remove MFA Remove Phishing
article thumbnail

Understanding the Cyber Risks in Video Communication

VISTA InfoSec

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. In the context of video communication, attackers may impersonate colleagues or trusted contacts, sending invitations to join a video meeting through phishing emails.

Risk 275
article thumbnail

Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

Next, analyze potential risks like malware infections, phishing scams, or disgruntled team members leaking sensitive data. 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.

article thumbnail

Strengthening Cyber Defenses with Multi-Factor Authentication

VISTA InfoSec

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.

article thumbnail

7 Important Theft Protection Features for a Cryptocurrency Wallet

VISTA InfoSec

Whichever cryptocurrencies you’re trading in, make sure to look for these security features in your next crypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password. This can make it more difficult for hackers to trace transactions back to you.

article thumbnail

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
article thumbnail

Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

FIs may need to provide data to FinTech startups without dedicated cybersecurity teams, for example, which could then be more easily compromised by hackers who will steal sensitive bank customer data. MFA requires customers to prove their identities by providing at least two types of credentials. Fighting Phishing.

article thumbnail

What Are the Risks of Business Email Compromise & How Can You Prevent Them?

Seon

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