Training

Fraud Management & Cybercrime

Business Banking Under Attack: How to Fight Back Against Cybercriminals

Business Banking Under Attack: How to Fight Back Against Cybercriminals
Cybercriminals are on the attack, and as a recent FDIC alert shows, business banking accounts are in their crosshairs. Learn first-hand how one leading business bank fights back by:
  • Spotting fraudsters before they commit crimes;
  • Educating customers about fraud prevention;
  • Balancing security needs with costs and customer convenience.

This complementary BankInfoSecurity.com presentation will use real-life fraud examples to detail why traditional techniques are not enough to prevent fraud, and how one leading business bank is successfully monitoring individual online accountholder behavior with predictive analytics to catch suspicious activity before fraud can occur.

Background

Business online banking accounts are under attack by sophisticated fraud rings that coordinate elaborate account takeover, distributed mules and under-the-radar money transfer schemes. Unsuspecting business employees, high account balances and online payments features attract these criminals to businesses and banks of all sizes. As the industry creates new methods to thwart fraudsters, these criminals devise new techniques that void these innovations. Today's fraudsters easily defeat yesterday's multi-factor authentication, transaction monitoring and other controls requiring banks to constantly reassess their countermeasures.

This complementary BankInfoSecurity.com presentation will use real-life fraud examples to detail why traditional techniques are not enough to prevent fraud, and how one leading business bank is successfully monitoring individual online accountholder behavior with predictive analytics to catch suspicious activity before fraud can occur.

During this one-hour event, you will learn:

  • Real-life case studies of catching fraudsters before fraudulent transactions can occur
  • Techniques used by today's cybercriminals and how to identify them
  • How to balance customer convenience, costs and improved security
  • The role of customer education in fraud prevention efforts
  • Best practices in preventing online-related fraud

Webinar Registration

This webinar is available OnDemand.

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