Videos and Webinars

Behind the Shield: The evolution of fraud and authentication

Go back in time with Entersekt’s co-founder and Chief Strategy Officer, Dewald Nolte. Learn how banking fraud has evolved over the years, starting in the early 2000s when a simple username and password combination was still considered secure.

Fast forward to when phishing started becoming a regular occurrence, and the industry responded with SMS one-time passcodes (OTPs). This early form of two-factor authentication (2FA) added a much-needed second layer of security.

However, it wasn’t long before fraudsters found ways to intercept OTPs, forcing the industry to evolve its authentication tactics once again.

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