![]() Their scams get more and more sophisticated as consumers wise up. Or sending a bogus charity appeal that requests personal details - and Typically fraudsters steal IDs using 'socialĮngineering' - by developing a fake app that records key presses ![]() Serious than stealing payment details because it enables criminals to In today's connected world, stealing IDs is more Of records breached across all industries were the results of stolen ![]() According to a Verizon/Secret Service data breach study, 86% Most vulnerable part of the chain when it comes to mobile payments is That, in the absence of concrete, we can turn to strong authentication However, there are powerful arguments to suggest "The only truly secure system is one that is powered off, cast in aīlock of concrete and sealed in a lead-lined room with armed guards -Īnd even then I have my doubts." It's a pretty dramatic and Gene Spafford, professor ofĬomputer science at Purdue University once said about IT security: Users from their own vulnerability? The answer may be Who dupe consumers into surrendering their details. No matter how secure the system, there will always be fraudsters MLA style: "Me, myself and my ID." The Free Library.
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