Authentication Financial Social 
SecureWorld News
FEBRUARY 15, 2024
A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.
IT Toolbox
APRIL 16, 2024
A third-party telephony provider of Cisco suffered a breach wherein they hacked into and downloaded message logs for authentication SMS messages sent for Duo Security. The stolen data puts customers at risk of social engineering attacks to trick them into revealing credentials, carrying out financial fraud, etc.
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CIO Business Intelligence
OCTOBER 26, 2022
As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy. Have you thought about what can be done with this device to enhance identity authentication?
Galido
NOVEMBER 25, 2019
Information Technology Blog - - Four of the Biggest Financial Data Breaches of 2019 - Information Technology Blog. Perhaps not surprisingly, banks, insurance companies, and other financial-service firms are 300 times more likely to suffer from a cyber-attack than other industries. The First American Financial Corp.
CIO Business Intelligence
MAY 24, 2022
They may have a built-in user store supporting password authentication, for example. In response to cloud-based customer experiences, more focus has shifted to authentication. Modern authentication systems tend to be built around the FIDO standards of Web Authentication (WebAuthn) and Client-to-Authenticator Protocol (CTAP).
SecureWorld News
NOVEMBER 8, 2023
Social engineering attacks have long been a threat to businesses worldwide, statistically comprising roughly 98% of cyberattacks worldwide. Given the much more psychologically focused and methodical ways that social engineering attacks can be conducted, it makes spotting them hard to do.
CIO Business Intelligence
MAY 19, 2022
Customer demand for passwordless authentication has grown exponentially since smartphones first began offering built-in biometric readers. A staggering 93% of consumers preferred biometric authentication to passwords — and yet so many companies still force their customers to use risky, outdated login credentials. Your first clue?
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