In 2021 digital fraud is rampant. Driven by accelerated digitalization no business is immune from modern digital fraud.

Among them—the financial industry and online, digital banking are a prime target for fraudsters around the world.

And the fraudsters never sleep. Seemingly every day fraudsters develop new methods and vectors to scam both banks and users for their own nefarious goals.

Today, to successfully defraud the banks, and their users, fraudsters rely on a powerful mix of hard technical skills, creativity and social engineering prowess.

Conversely, the Top 3 Frauds in Online Banking today are phishing, vishing & mobile malware.

In this whitepaper we’re going to dissect these scams in depth, showcase the most important examples and include the relevant technical details.

By the end we’ll present how organizations can prevent and minimize their impact. If your organization is facing digital fraud, reach out to our team for tips, guides & remedies at stopfraud@threatmark.com.

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