Phishing Fighters: Can New Framework Outsmart Evolving Scammers?
FS-ISAC’s Phishing Prevention Framework is like a superhero cape for banks, cutting phishing incidents in half! But as scammers pivot faster than a caffeinated ballet dancer, the question remains: Can businesses stay one step ahead? Time to focus on sources, not just transactions, and keep those fraudsters on their toes!
Hot Take:
Looks like fraudsters might need to start updating their resumes! The FS-ISAC’s new framework is putting the squeeze on phishing, but the real question is, will the fraudsters evolve or just finally call it quits? Guess it’s time to see who’s the real fish out of water in this phishing game!
Key Points:
- FS-ISAC’s Phishing Prevention Framework aims to halve phishing incidents using data-focused best practices.
- Three banks saw a 50% reduction in abuse complaints during the framework’s pilot program.
- Framework principles, although designed for financial services, are applicable across industries.
- The rise of phone-based phishing, or “smishing,” is a growing concern.
- The framework encourages collaboration with telecom firms to limit phone-based fraud.
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