[SECURITY]■ STORY TIMELINE
BANKS' FACIAL SCANS FALL TO STOLEN BIOMETRIC DATA
Cybercriminals are exploiting weaknesses in banks' know-your-customer (KYC) facial recognition systems by using stolen biometric data and virtual camera tools available on Telegram. The scheme, documented by MIT Technology Review, reveals a significant gap in financial institutions' identity verification protocols.
Techmeme+0m
Fiona Kelliher / MIT Technology Review: How cyberscammers are bypassing major banks' KYC facial scans using stolen biome…