<\/p>\n
While 10 individuals have been placed behind bars for the
The scam all started in the place where people share the
Knowledge-based
[Contributed by EVS Marketing]<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" While 10 individuals have been placed behind bars for the recent Facebook phishing scheme, more than 11 millions computers have been left compromised and over $850 million has been stolen.The arrests certainly bring partial justice to this major cyber crime,<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38],"tags":[],"class_list":["post-4659","post","type-post","status-publish","format-standard","hentry","category-internet-fraud"],"acf":[],"_links":{"self":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/posts\/4659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/comments?post=4659"}],"version-history":[{"count":0,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/posts\/4659\/revisions"}],"wp:attachment":[{"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/media?parent=4659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/categories?post=4659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leap.staging.ribbitt.com\/evs\/wp-json\/wp\/v2\/tags?post=4659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nrecent Facebook
\nphishing scheme<\/a>, more than 11 million computers have been left compromised
\nand over $850 million has been stolen.<\/span>The arrests certainly bring partial justice to this major cyber crime,
\nbut more than handcuffs are needed to help combat attacks of this nature.
\nExperts in both the security and banking industries agree that stronger
\nauthentication is needed to help prevent these types of crime.<\/p>\n
\nmost about themselves, Facebook. The fraudsters accessed information by sending
\nout fraudulent friend requests and then sent phishing emails to the accepting
\nusers Facebook friends. The scam resulted in a loss of over $850 million
\nbefore the individuals were arrested. As online security expert, Neil
\nSchwartzman, suggests, banking institutions needs to focus on stronger
\nauthentication measures to prevent cybercrime. Both Schwartzman and Jevans
\nstate that stronger authentication would have prevented some of the losses of
\nthis attack. While other experts go on to recommend two-factor authentication,
\na recent breach has proved that cyber thieves have found ways around two-factor
\nauthentication<\/a> as well. This is not to say that this method is not
\neffective, but companies should know there are other options as well.<\/p>\n
\nauthentication<\/a> offers a layer of authentication that standard measures do
\nnot. By developing answers to security questions that look and feel like the
\ncorrect answer, these options will throw off any identity thief regardless of
\nhow much personal information they have. These questions are created in a way
\nthat only the true identity holder can answer them. Businesses need to be well
\neducated on their online security
\noptions<\/a> before investing in one. As the world continues to moves online,
\nbusiness must devote time and money into protecting their business and end
\nusers. Identity authentication will no longer be an option soon, but a
\nnecessity and companies will need to choose the option that is best for their
\nname and consumers.<\/p>\n<\/p>\n