As the world grapples with the Coronavirus pandemic, self-isolation and stay-at-home-orders have increasingly become the norm.
Fraud attacks are now on the rise, with malicious actors launching targeted phishing and malware attacks, capitalizing on the Coronavirus pandemic. Having a strong cybersecurity strategy in place has never been more critical.
After more than a decade of high-profile data breaches – in which the sensitive personal data of hundreds of millions of people were exposed to hackers – it’s clear that password-based authentication alone, albeit convenient, is not secure enough.
The majority of financial institutions have made the digital transformation – offering online banking through their website or on mobile applications.