Multifactor authentication critical for banks, IBM says | Bank Automation News

Financial institutions must prioritize multifactor authentication as hackers take advantage of a lack of identity protection.   In 2023, cyberattacks using valid credentials to gain access to user accounts increased 71% from 2022, according to IBM’s 2024 X-Force Threat Intelligence Index. Rather than hacking, the attackers are able to just log in, Leah Generao, partner at […]