Preventing fraud at financial institutions: Man-in-the-middle phishing attacks
Nearly all financial institutions know that multi-factor authentication (MFA) is essential for preventing fraud. But some verification methods are less effective than others. One-time passwords sent via text message, for example, are especially vulnerable to man-in-the-middle phishing attacks, yet they are still one of the most common authentication methods used today.
In this video, we dive deeper into how these attacks occur, and what you can do to prevent them – with help from Entersekt's advanced authentication.