Fraudsters Circumvent 3D Secure with Social Engineering
Cyber-criminals are actively sharing tips and advice on how to bypass the 3D Secure (3DS) protocol to commit payment fraud, according to researchers. A team at threat intelligence firm Gemini Advisory found the discussions on multiple dark web forums, claiming that phishing and social engineering tactics stood a good chance of success in certain situations. Although version two of the protocol, designed for smartphone users, allows individuals to authenticate payments with hard-to-spoof or steal biometric…
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