TITLE

Fraudsters Find a Chink In Elite Authentication

AUTHOR(S)
Sausner, Rebecca
PUB. DATE
November 2009
SOURCE
American Banker;11/30/2009, Vol. 174 Issue 213, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on an increase in Great Britain which is being seen in the number of banks that are becoming victims of criminals who use a technique called phone-jacking to bypass a security system from Authentify Inc. called authentication technology. By bypassing the technology the criminals gain access to customers' financial records and bank accounts. Methods that the banks are using to reduce the incidences of phone-jacking are discussed.
ACCESSION #
45512456

 

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