The banking sector continuously faces evolving threats and technological advancements that jeopardize the security of financial institutions and their customers. Phishing and social engineering represent significant ATO (account takeover) threats, with nearly half of all ATO-related financial losses attributed to these human-centric attacks.
Generative AI now enables fraudsters to launch sophisticated phishing and social engineering attacks at scale, making these threats more pervasive and damaging.
Access our White Paper (Link account required – sign up is free) to examine the distinctions between phishing and social engineering, explore the impact of generative AI on ATO threats, and discover effective strategies for preventing phishing and social engineering attacks.
