Digital Fraud
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
Social media scraping and automated fraud attacks have deemed old-school single-layer defense systems ineffective. In this month’s “Digital Fraud Tracker®,” done in collaboration with and supported by PayPal, Georgetown cybersecurity Prof. Chuck Brooks tells PYMNTS how a mix of drills, training and separated siloes are the best way to send phishermen home empty-handed.
Inside the October Tracker
- An interview with Chuck Brooks, adjunct professor of cybersecurity risk management at Georgetown University, about how a combination of employee training and automated defenses can reduce the risk of phishing
- The latest digital fraud developments, including how 73% of businesses in the U.K. suffered data breaches due to phishing in the past year and why one-third of financial institutions have accelerated their AI and machine learning programs
- A Deep Dive analyzing how fraudsters deploy phishing schemes to gain access to employee login credentials, and how vigilant employee training and fraud prevention software can stop them
