ABA’s Paul Benda on Why Most Account Takeovers Stem From Scams, Not Hacks. Bank impersonation scams, deepfake audio and video are convincing customers to login and send money to criminals. With authentication methods eroding, banks need continuous risk scoring, passkeys and cyber-fraud collaboration to protect customers, said American Bankers Association’s Paul Benda.
First seen on govinfosecurity.com
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