04/06/2026
"SMS OTPs alone are no longer enough to protect customers from evolving cyber threats. Fraudsters can exploit phishing attacks, SIM-swapping, and other tactics to bypass traditional authentication methods.
To stay protected, fintech organizations should adopt stronger authentication measures that help reduce fraud, enhance customer trust, and support regulatory compliance.
Fintech organizations can strengthen security by implementing:
• Biometric authentication
• Device-based verification
• Risk-based access controls
• Real-time fraud monitoring
• Phishing-resistant MFA
A stronger security strategy helps reduce fraud, improve customer trust, and support regulatory compliance in an evolving digital landscape.
Read more: https://www.serviceitplus.com/post/rsa-id-plus-the-complete-iam-solution-for-all-environments