Online security measures are failing because current authentication techniques are too basic. Social networking sites such as Facebook often lead fraudsters to all the information they need to figure out basic log-in credentials. Today’s cybercrime rings closely resemble and model corporations, in the ways they are managed and operated. Beyond financial services, today’s fraudsters are hitting the telecommunications industry and retail industry, he says. 2011 will be the year that attacks begin trickling down, targeting new areas and smaller organizations that are not well equipped to fight emerging fraud threats.”]
Source: https://www.bankinfosecurity.com/online-fraud-fighting-back-a-3464