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Are successful hacker attacks the reason for introducing this additional security solution?

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Are successful hacker attacks the reason for introducing this additional security solution?

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As the Swiss Swiss Federal Authorities have advised frequently in the past, the number of criminal hacker attacks against accounts of individuals and institutions processing payments online is on the rise. The point of attack is usually the client’s computer, over whose security UBS has no control. Confirming beneficiaries prevents payments manipulated by criminals being carried out.

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