Malware: Early Detection is Key

Interview with Mike Urban of FICO on how to catch malware before the damage is done to banking institutions and their business customers.For cyber criminals, malware attacks are profitable and easy. For investigators and financial institutions, detecting malware is an evermore challenging battle.

Urban, the senior director of fraud product management at FICO, says catching a malware attack early is the only defense. But it's not easy.

What can an institution or business do? In this exclusive interview, Urban discusses:

• The intelligence of malware, and why detecting it is increasingly difficult;
• How institutions can authenticate transactions;
• What customer behavior has to do with it.

Urban serves as senior director of fraud solutions for FICO, where he analyzes fraud issues and trends to provide improvements in fraud detection technology. He also regularly works with law enforcement to help prosecute criminals and has been responsible for uncovering several crime rings in the United States. Urban regularly speaks about fraud trends, best practices and solutions to industry groups and association. He has been quoted in numerous publications, including The New York Times, MSNBC, Computer World, American Banker and ATM & Debit News.