Aite-Novarica Group’s Trace Fooshee on new technologies to Mitigate Scam Attacks: Account Takeover Fraud, Anti-Phishing, DMARC, Fraud Management & Cybercrime is on the rise of account opening fraud and payment scams. Foosee: “I think fraudsters were distracted by the low-hanging fruit of easy money made available through benefits programs” The increase in account fraud is expected to continue and result in losses for financial institutions, he says.”]
Source: https://www.cuinfosecurity.com/increase-in-account-opening-fraud-payment-scams-continues-a-19130