Tag: Payment Fraud
What Security Protections Should You Expect From a Banking Partner?
As organizations undergo the arduous process of selecting banking partners, one of the critical factors they must evaluate is the security of the institution. This aspect of the process cannot be understated. It has to be more than a single box that’s checked as a part of the due diligence process.
Slaying the Malware Beast
Malware is hardly a new threat in the security landscape. Banking Trojans that specialize in stealing user credentials, hijacking authenticated sessions and manipulating transactions in order to steal funds have been around since the inception of online banking. The threat that malware poses to banks, however, is more serious than ever.
Will your risky business practices make you a victim of fraud?
Law of averages requires that at least one or two of your employees turns out to be more of a threat than an asset.
Are Your Employees Working Together to Work Against You?
The latest Association of Certified Fraud Examiners study indicates that the majority of insider fraud losses – as high as 80% -are caused by collusion of 2 or more employees…