In today’s digital-first world, banks and financial service companies need to allow their customers to easily manage money online in order to compete. Unfortunately, most banking platforms were not designed securely and hackers have been taking advantage of these built-in weaknesses ever since banks first went online.
Although banking attacks have become more complex in the past few years, the vast majority still rely on tricking users. For example, one common phishing attack used against banks involves directing targets to a malicious clone of the banking platform’s actual website. Once users try to log in to this genuine-looking fake website, the platform can confuse them by displaying a “Service Not Available” messages and store the credentials the user just tried to enter.
It’s all about manipulating users into making mistakes. But examples centered fraud security
