Out-of-Band Authentication Gets Outfoxed

Sausner, Rebecca
December 2009
Bank Technology News;Dec2009, Vol. 22 Issue 12, p1
Trade Publication
The article discusses the move taken by banks in Great Britain to fight fraudsters from compromising out-of-band authentication. The new fraud threat called phone jacking involves a fraudster who uses social engineering to persuade a telecommunication customer service agent to forward a customer's phone calls to a number controlled by the attacker. Such phone jacking among banks was confirmed by Mark Bowerman, Association for Payment Clearing Services (APACS) spokesman.


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