How well do banks conform to the FFIEC's updated Authentication Guidance? Gartner analyst Avivah Litan says most have made progress, but they still struggle with the details.
According to our new survey, more than half of banking institutions expect an increase in fraud-fighting resources this year. But how are they investing those resources? The answers may surprise you.
Technology is only part of the solution. To truly combat phishing, banking institutions need to address a trickier part of the equation. They need to change human behavior. Here are experts' tips.
ATM skimming is a growing global problem, despite steps taken in Europe and other markets to curb attacks on credit and debit cards. Why are we seeing increased fraud losses in these markets?
Banking institutions have fought phishing and ACH fraud, but increasingly fraudsters are exploiting call centers. Where are the vulnerabilities and how can institutions fight back?
Customer awareness is important, especially as a fraud detection/prevention tool. Read how one sharp-eyed UPS driver recently helped foil an ATM skimming scam at a bank in New York.
The proliferation of mobile banking raises new security challenges. What emerging risks do banking institutions face as they roll out mobile platforms? Julie McNelley of Aite offers insight.
RSA, PhoneFactor and Rapid7 were among the organizations to issue product/solution news releases at RSA Conference 2012 on Tuesday, Feb. 28. See the latest announcements from the show.
"People appreciate being contacted when particular transactions look risky," says Peter Tapling, President and CEO of Authentify. "Out-of-band authentication provides the opportunity to do that in real-time, at very low cost to the institutions."
What are the top emerging fraud threats to banking institutions via mobile banking, and how must security leaders respond? Julie McNelley of the Aite Group offers tips for fighting the newest threats.
What are the top emerging fraud threats via mobile banking, and how must security leaders respond? In an RSA Conference preview, Julie McNelley of the Aite Group offers tips for fighting the newest threats.
As banking institutions work to conform to the FFIEC Authentication Guidance, they're overlooking one huge gap. What are fraud expert George Tubin's tips to ensure both conformance and security?
In the wake of the latest high-profile hacktivist attacks against banking institutions, industry experts offer these tips to bolster online security, customer awareness and the corporate image.
"The misfortune here for the banks is that they can have the best fraud-detection systems out there ... but it all breaks down when they call the 'hacker' to verify the transaction," says Gartner's Avivah Litan.
Alisdair Faulkner of ThreatMetrix says financial institutions and businesses should focus on five key security areas. What make up the top five, and where do banks need to make the greatest fraud-prevention investments?
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