There are numerous ways for fraudsters to penetrate digital banking systems and carry out thefts, often thanks to poor security awareness among banking customers, who write down passwords or can be tricked fairly easily into divulging them.
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Here are few examples:• Phishing emails
• Phone-based scams • Fake mobile applications • Identity theft • Dongle • Worms and malware • Back door in the source code |
In our eBook on digital banking fraud, we’ve outlined a few case studies. Here is an excerpt of one of the case studies from the eBook:
