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Protection of a bank's clients against payment frauds based on social engineering What will upcoming Payment Services Regulation change

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14220%2F24%3A00135892" target="_blank" >RIV/00216224:14220/24:00135892 - isvavai.cz</a>

  • Result on the web

    <a href="https://jusletter-it.weblaw.ch/en/issues/2024/24-April-2024/protection-of-a-bank_d5d9e0417e.html__ONCE&login=false" target="_blank" >https://jusletter-it.weblaw.ch/en/issues/2024/24-April-2024/protection-of-a-bank_d5d9e0417e.html__ONCE&login=false</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.38023/f6597dc5-b5b8-4c73-ae59-1ae55d1827cf" target="_blank" >10.38023/f6597dc5-b5b8-4c73-ae59-1ae55d1827cf</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Protection of a bank's clients against payment frauds based on social engineering What will upcoming Payment Services Regulation change

  • Original language description

    In recent years, the number of fraudulent payment transactions in Europe has significantly increased, when fraudsters use social engineering methods (e.g. phishing or vishing) to manipulate a victim into sharing sensitive personal data or making payment transactions in favor of a fraudster. Concerning the fact that these types of fraud have become more sophisticated, it is still very difficult for potential victims to detect fraudulent behavior. Current anti-fraud measures in PSD2 seem to be insufficient in relation to these new types of fraudulent practices. Due to this fact, the European Commission recently published a proposal for the Regulation of payment services in the internal market, which updated the rules of payment services and strengthened measures to combat payment fraud. The paper introduces the EU proposal in the context of the protection of bank clients against payment fraud based on social engineering methods. The author will mainly focus on the comparison of proposed measures with the current legal framework and its evaluation.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database

  • CEP classification

  • OECD FORD branch

    50501 - Law

Result continuities

  • Project

  • Continuities

    O - Projekt operacniho programu

Others

  • Publication year

    2024

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Jusletter IT

  • ISSN

    1664-848X

  • e-ISSN

    1664-848X

  • Volume of the periodical

    2024

  • Issue of the periodical within the volume

    3

  • Country of publishing house

    AT - AUSTRIA

  • Number of pages

    7

  • Pages from-to

    519-525

  • UT code for WoS article

  • EID of the result in the Scopus database

    2-s2.0-85195644431