Mobile Fraud: Keep Your One-time Passcodes in the Hands of Consumers — Not Fraudsters

One-time passcodes (OTP) are popular with organizations because they’re accessible to most consumers, easy to use and secure. But mobile fraud (e.g., SIM swap) is on the rise. In fact, 60% of respondents to a recent TransUnion survey expressed concern about OTPs being intercepted by fraudsters for account takeover.

Watch our on-demand webinar to learn how fraudsters commit phone takeover fraud and the type of phone intelligence needed to protect OTPs. You’ll discover:

• Common strategies fraudsters use to take over mobile devices, including relying on support from insiders
• Why proposed Federal Communications Commission regulation will alleviate but not stop phone takeover fraud  
• How forward-thinking organizations are leveraging telephony data to assess potential risk before sending an OTP

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