Friday, 24 March, 2023

How Mashreq Bank is controlling Phishing, DDoS attacks using technology

<p>Mashreq Bank, despite having a strong internal security measure, continued to face several phishing attacks and a few DDoS attacks. They launched an AI, ML-based Enterprise fraud management system that covers transactions from all bank channels and derives customer transaction patterns. It then sends out early warning signals. The bank has also put in place real-time payment tracking that lets customers see where their money is during a transaction.</p>