The Need to Modernize Fraud-Fighting MethodsBreach Clarity's Al Pascual on Keeping Pace With Emerging Risks
Fraud prevention practices are not keeping up with changes in risks, says Al Pascual, COO at Breach Clarity, who offers insights on leveraging the latest tools.
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"With security, we have had pretty well-established processes and best practices. ... But when we introduce a new technology, the standby is to go back to what we have always done, and that does not necessarily give you enough fraud coverage," Pascual says.
In this video interview with Information Security Media Group, Pascual discusses:
- Why fighting fraud is so challenging;
- The emerging fraud threats in the financial sector;
- What tools can be leveraged to help prevent fraud.
Pascual is the COO at Breach Clarity, a fraud prevention and detection technology start-up. Previously, he served as head of fraud and security for Javelin Strategy & Research, where he directed the company's research and analysis on consumer identity theft trends. Earlier, he led investigations into cases of organized payment fraud at FIS.