Industry | 2019.04.10
One-Time Password Authentication is Standard Industry Practice, but Fraudsters Are on the Move: Auriemma Group
In the wake of frequent data breaches, one-time password (OTP) verification has rapidly replaced knowledge-based questions as the stepped-up authentication standard for the card industry. However, fraudsters are increasingly exploiting susceptibilities of OTP technology – either by hijacking one of the delivery channels to intercept the OTP message or leveraging social engineering tactics to trick customers into revealing passcodes.
(PRWeb April 10, 2019)
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