Broadcom has introduced Arcot Scam Defense to combat sophisticated social engineering attacks during card-not-present transactions, enhancing security for financial institutions.
Earlier attacks and coverage
No earlier related attack in our archive yet.
Business impact
This new feature aims to protect financial institutions from increasing fraud, ensuring cardholder safety and reducing fraudulent transactions.
Industries affected
Financial institutions and e-commerce businesses are the primary beneficiaries of this technology.
Users affected
Cardholders will benefit from improved security measures, reducing the risk of social engineering scams during transactions.
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Sources
- Broadcom adds real-time scam detection to 3-D Secure authentication (Help Net Security)
