Fraud Summit Video Series - New York 2013 - Payment Card fraud remains a top challenge for financial institutions. The latest wrinkle: Breached retailers and payments processors such as Schnucks and Global Payments, whose compromises led to wholesale card fraud. Card issuers absorb increasing losses linked to debit and credit fraud, yet they have little control over the third-party points of compromise.
See Also: Main Cyber Attack Destinations in 2016
Hear how two institutions are fighting back with behavioral analytics, merchant/customer education campaigns and detection technologies that trace fraud back to the point of compromise.