FBI: Why AI And MFA Provide The Most Effective Fraud Defense
Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with Enrique Alvarez, special agent for the FBI’s cyber branch, about how combining multifactor authentication and AI can help save merchants and businesses from fraudsters impersonating legitimate customers and employees.
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with Enrique Alvarez, special agent for the FBI’s cyber branch, about how combining multifactor authentication and AI can help save merchants and businesses from fraudsters impersonating legitimate customers and employees.