Financial Services, Passwords, Risk and Web Fraud

Recycle Your Phone, Sure, But Maybe Not Your Number

Krebs on Security

MAY 19, 2021

Many online services allow users to reset their passwords by clicking a link sent via SMS, and this unfortunately widespread practice has turned mobile phone numbers into de facto identity documents. Which means losing control over one thanks to a divorce, job termination or financial crisis can be devastating.

Mobile

Mobile Wireless Authentication Accountability

The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. The fraudster then uses Zelle to transfer the victim’s funds to others.

Scams

Scams Banking Passwords Authentication

Cyber Security Informer

Recycle Your Phone, Sure, But Maybe Not Your Number

The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

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