Phone-based customer service opens opportunity for voice phishing, or "vishing," and other types of attacks linked to card not present transactions, according to Rafael Lourenco, an executive vice president at ClearSale.
New phishing attacks on payment systems and banks are more sophisticated, with disguises that can trick staff into turning over sensitive information, writes Adrien Gendre, chief solutions architect at Vade Secure.
Security is a top priority for financial institutions around the world. In the past few weeks, the U.K.’s TSB Bank has learned the hard way that availability is even more important. And when availability is an issue, security can’t be ignored.
In a rare show of public support for a security technology, the banks are leading a $40 million funding round for Menlo Security, provider of browser technology that keeps malware at bay — and they’re using it, too.