Giving Your Mother's Maiden Name Is Old News to Fraudsters

Filed under: Identity Theft, Security, Consumer Protection, Ripoffs & Scams, Internet Fraud

Getty ImagesBy Ellen ChangNEW YORK -- Fraudsters are becoming increasingly savvy by mining social media for their victims' personal details, forcing banks and other financial institutions to turn to more sophisticated technology to thwart cyberattackers.When consumers call their bank to make changes in their accounts, the software used by financial institutions is going beyond asking basic questions...

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