Remove Cybersecurity Remove MFA Remove Phishing
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5 Common Cybersecurity Blunders Often Made by Commercial Enterprises

VISTA InfoSec

Big businesses carving out their place in the digital age find themselves in a constant battle against cybersecurity threats. It’s likewise impossible to overstate the importance of cybersecurity for large commercial enterprises since the stakes are very high for such organizations. Let’s get started.

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Understanding the Cyber Risks in Video Communication

VISTA InfoSec

Despite these benefits, video communication has security risks, including the following: Phishing Attacks These attacks often manifest as seemingly legitimate emails, messages, or links, leading unsuspecting users to fraudulent websites. Once you follow the link, you enter a fake login page that captures your information.

Risk 242
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Payment Security: Everything You Need to Know About Secure Payments

Stax

Taking precautions to implement security measures such as secure firewalls and cybersecurity training helps to protect cardholder data and other sensitive information. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place. What is SSL/TLS?

PCI DSS 88
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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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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. The captured information is then sent to a remote server controlled by cybercriminals.

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What Is Account Takeover Fraud (ATO)? Detection & Prevention

Seon

This could be accidental, or more sophisticated, for example following a mass phishing email campaign. To target these accounts, fraudsters often rely on spear-phishing techniques (targeted phishing), or SIM-Swapping attacks. There are many paths to successful ATO fraud.

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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.