South Korea Steps Up Authentication Measures to Fight Online Financial Fraud (September 9, 2013)

In an effort to combat cyber fraud, South Korea’s Financial Supervisory Service (FSS) says that as of September 26, 2013, people who conduct online transactions with banks, insurance companies, brokerage firms, and other financial institutions will be required to identify themselves through text messages or automated response systems…….

Reposted from SANS NewsBites. Click here to read the original posting.

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