Remove Compromise Remove MFA Remove Phishing
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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 242
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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.

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Payment Security: Everything You Need to Know About Secure Payments

Stax

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Many people use MFA when making purchases through Apple Pay, for example, using Face ID or a passcode to complete a purchase. What is SSL/TLS? Q: What is the most secure online payment method?

PCI DSS 88
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5 Common Cybersecurity Blunders Often Made by Commercial Enterprises

VISTA InfoSec

Whether it’s falling prey to sophisticated phishing schemes or mishandling sensitive information, the actions of untrained or uninformed staff can compromise an entire organization’s security. Employees, often regarded as the weakest link in the security chain, can inadvertently become conduits for cyber attacks.

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AML/KYC Fast-Tracked In Open Banking Boom

PYMNTS

SCA, MFA, All the Way. Increasingly, that work is being performed by dynamic global identity verification platforms that use strong consumer authentication (SCA) and/or multi-factor authentication (MFA) to harden the onboarding process against an army of cyberthieves exploiting pandemic disorder. percent ‘less likely to be compromised.’

AML 52
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Mobile Banking Malware on the Rise Amid Rapid Adoption

Fintech News

It typically operates by infecting a user’s device through various means, such as phishing emails, fake apps, or compromised websites. Hook is a type of malicious software specifically designed to target mobile banking apps.

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Security Awareness Training: What It Is, Its Importance & How to Implement It

Seon

Verizon Business estimates that 74% of data breaches are down to individuals being absent-minded or tricked by social engineering attacks such as phishing emails. The diagram below shows the typical sequence of actions that phishing attackers take when carrying out social engineering attacks. The answer is security awareness training.