As consumer activities increased, fraudsters attempted to hide their transactions in the legions of legitimate banking. Combining all banking – internet, telephone, and branch – fraud attacks grew a whopping 159% in Q1 2021 compared to Q4 2020. Feedzai, a data science company that prevents, detects, and remediates fraud risk for financial institutions, has just […]

The post Feedzai’s Verdict: Banking Attacks Have Increased 159% Over the Past Year appeared first on Heimdal Security Blog.

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