Cybercriminals are aware of the fraud prevention technologies deployed by most financial institutions. Transaction anomaly detection and device ID approaches can be highly inaccurate, generating a large number of false positive alerts that can overwhelm IT resources and may negatively impact the user experience. This white paper will examine the lifecycle of a fraudulent transaction, including the tactics that cybercriminals use to infect victims’ machines, harvest credentials and execute fraudulent transactions. It will also help you understand how to respond and to these new risks and the evolving landscape.”]
Source: https://www.bankinfosecurity.com/whitepapers/financial-malware-explained-w-2022