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Whenever banks and other financial institutions deploy new security measures in response to cyber threats, hackers find ways around them, a key example being remote access trojans (RATs) in response to two-factor authentication systems.
RATs operate invisibly and can take over a victim’s screen allowing them to do anything from collecting victim information to distributing malware, making them a major cyber security threat.
Check out this white paper to learn about bugFraud from Bugaroo, a next-gen fraud prevention solution that identifies user’s behavioral and cognitive analytics to uniquely profile users in order to prevent online banking fraud through RAT attacks.