Fraudsters answer security questions better than customers

Pindrop released a report uncovering how companies might be accidentally inviting fraud, threat mongers from the dark web and bad actors better prepared to pass authentication. Data dealers are growing more sophisticated, offering more service, more details, and more organized information. Because of this, 2021 was a record breaking year for data breaches. In fact, bad actors actually had better performance than genuine customers at answering security questions. The data illustrates this security weakness when … More → The post Fraudsters answer security questions better than customers appeared first on Help Net Security.
http://news.poseidon-us.com/SPF7tV