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. Fooshe says fraudsters were distracted by the low-hanging fruit of easy money made available through benefits programs. “They are redirecting their attention back again to the financial services industry,” he says. He also discusses the kind of scams that are expected to increase; why traditional controls do not work anymore;”]
Source: https://www.govinfosecurity.com/increase-in-account-opening-fraud-payment-scams-continues-a-19130