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[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.

1 SOURCEFIRST SEEN APR 16, 06:40 AM► READ THE ARTICLE
Techmeme+0m

Fiona Kelliher / MIT Technology Review: How cyberscammers are bypassing major banks' KYC facial scans using stolen biome…