Access "Technologies to thwart online banking fraud"
This article is part of the April 2010 issue of Combatting the new security threats of today's mobile devices
It is now a well-known, new-millennium adage that "every time an institution builds a higher wall to fight fraud, the criminals just get taller ladders." This phenomenon not only continues to be true, but in addition to building taller ladders, criminals are also building more of them and expanding their targets. Looking for every chink in the walls, seeking out the edges and in areas that aren't as solid as they should be, fraudsters are making it much more difficult for financial institutions to build individual walls as point defenses against fraud. Fortunately, there are technologies available in the online banking security market to create fortresses around vital assets. These new solutions are in part evolutionary versions of technology that has been around for a number of years, as well as new ways of looking at the problem of fraud through dynamic analysis, and even non-technology processes that turn those individual walls into gated communities. Read on for a closer look at these anti-fraud systems -- the benefits they offer as well as some of their... Access >>>
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