Hi Friend,

Do you use SMS or phone as a second-factor authentication method for your users?

I’ll be blunt and assume that it is more than likely that you rely on the user’s phone to verify their identity before accessing secured online banking systems.

This heavy dependence makes a phone a prime target for scammers, who are getting creative in attempts to gain control over the user’s phone.

SIM swap scam is one of the most impactful and damaging online frauds and surprisingly it’s really easy to implement.

In our recent article, we research and expose SIM swap scams so you can better protect and safeguard your users and most precious assets.

Read it here: https://www.threatmark.com/sim-swap-scams-and-how-to-prevent-them/

The good news is that finding a solution for this challenge is the easiest thing for you.

All you need to do is write back to me or to stopfraud@threatmark.com to get introduced to a complete fraud solution that uses continious, invisible Behavioral Biometrics as an independent authentication factor.

Our advanced approach prevents SIM swap fraud in its core, removes the need for SMS while enabling seamless UX for your online banking.

Best regards and stay safe,

Nikola

Marketing Outreach Manager

 

ThreatMark  | Bringing Trust to the Digital World

Hlinky 118 | 603 00 Brno | Czech Republic

 

Website: www.threatmark.com

Email: nikola.kozuljevic@threatmark.com