06 March 2018

Beware! This Clever Bank Phishing Scam Can Bypass 2FA Protection


bank-fishing-scam

If there’s one account you don’t want hacked, it’s your bank account. But you shouldn’t worry so much about hacks, because scams are the bigger threat. In general, while far from perfect, banks are pretty good about security. Hacks and breaches are fairly rare in the grand scheme of things. When a bank account is drained, it’s often because the owner was careless and unwittingly gave away access (e.g. compromised ATM skimmers and wire transfer con scams). Two-factor authentication (2FA) is supposed to protect your bank account, but scammers have found a way around it—by tricking you with a new...

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