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The benefits of reducing KBA dependency

TRUSTID

While banks know that relying on conventional knowledge-based authentication (KBA) can leave customer accounts vulnerable to social engineering attacks, many continue to take that risk anyway. I know change can be difficult, and slow for many industries. But the free flow of personal information over the internet changed all that.

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The threat of open information sharing

TRUSTID

In other words, these personal nuggets are gold to social engineers. The data is collected by fraudsters to build personal profiles they can sell to other criminals, apply for credit cards, or socially engineer banks to takeover customer accounts.

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Key customer authentication learnings from 2018

TRUSTID

If organizations are compromised, social engineers will have the data they need to have telephone agents reset account passwords en route to taking over legitimate accounts. Contact center agents don’t trust KBA.

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Rethinking the caller authentication journey

TRUSTID

Call center professionals are constantly trying to secure their private data while improving their customer experience. According to the Customer Contact Week special report, “Evaluating Call Center Authentication,” customer qualification processing flaws continue to lurk across the voice-dominated landscape.

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Advantages of early caller validation

TRUSTID

By verifying callers before a phone agent picks up, contact centers can remove the risk of account takeovers and other fraudulent activity. These phone scams use personally identifiable information (PII) to answer telephone security questions to slip passed call center’s basic defenses.

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#WFH: 3 Tools to Tackle Call Center Fraud, Even From Home

pindrop

For call center professionals, the rise in fraud in addition to optimizing operations and the workforce from home, are top of mind as businesses move towards remote-work as the standard. . The FTC has already begun warning consumers of medical and finance-related scams; across the pond, the U.K.

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Call Center Management: Challenges, Strategies, Tips, and Best Practices

Hodusoft

But managing its day-to-day operations has become tougher as contemporary call center managers have to cope with several challenges including post-covid work scenarios, high attrition rate, increasing competition, and more. How Does a Call Center Work?