Using AI & Behavioural Biometrics to mitigate Social Engineering Banking Fraud
Banks in the ASEAN have seen their customers targeted by social engineering frauds. New fraudulent methods are bypassing Web application firewalls and multi-factor authentication security controls.
See Also: The State of Vulnerability Management
This session will cover:
- How are fraudsters leveraging automated bots, MFA bypass toolkits, and social engineering methods to evade traditional banking controls?
- How with F5's AI and behavior telemetry an ASEAN Bank could protect customers whose credentials & OTP were stolen via social engineering and smishing.
- Pitfalls in the use of AI with the network and security convergence.
