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Social Media Can Make Bank Customers Susceptible To Scams

PYMNTS

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. Though a person close to the bank’s investigations into the frauds said it’s hard to tell how criminals find account information, social media activity can present a problem.

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Two Cyber Security Investments With a Silver Lining

Banking 2020

With more than 12,000 keyloggers in distribution, antivirus and anti-spyware aren’t enough to protect online activity from identity thieves. The technology protects everything from online transactions and network remote access to social media, personal and business information.

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Cybersecurity Spring Cleaning Checklist 2023

Ublocal

Check the strength of your passwords using online tools like bitwarden’s Password Strength Tester. Scan Your Social Media Accounts Just like with your email, take some time to go through your social media accounts and remove any that you no longer use. Think about using a password manager. With an expected 77.1

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Banks battling a barrage of cyber attacks

NCR

Banks are under cyber attack every day and although this sector has made great strides, their ability to detect a breach and take immediate action is still a work in progress. Online fraud is one of the biggest challenges for the financial community. Services Expanding the Threat Landscape. Cardless ATM transactions are one example.

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How To Celebrate Emoji Day

PYMNTS

And sure – ordering online has the same minimal interaction outcome – but thre’s a lot of typing. This gives hackers something of a leg up – with reasonable access to a targets social media generator and a random number generator, accounts can be forced open. So Dominoes has taken the conversation out of it.

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Frictionless Payments Take Center Stage at Money 20/20

Gonzobanker

My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”. While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability.

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NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety

PYMNTS

Shopping online is cheaper and easier. And so is selling online: Based on activity, targeted offers and ads can be pitched directly at the consumer. They can see the online research you conducted before setting foot in the retail location. But there’s a lot of untapped potential in other verticals, particularly retail.