The webinar, entitled Fight Back Against Fraud: Strategies on How to Meet the Multi-Channel Challenge, debuts Wednesday, September 15, 2010.
According to the latest Verizon Business Data Breach Investigations Report, financial services far and away is the most commonly breached industry, accounting for 85% of the 143 million records breached in 2009.
Symptoms of these crimes have dominated the news: ATM skimming sprees; increased incidents of ACH fraud, aka corporate account takeover; attacks against merchant's point of sale devices. More daunting for banking institutions: incidents tend to strike across multiple channels, testing everyvulnerability.
Matthew Speare, SVP of IT at a large U.S. financial services organization will lead the discussion, walking attendees through an overview of the types of fraud schemes institutions such as his see every day. From there, our panel of industry experts including Kim Peretti (J.D., LL.M., CISSP, United States Department of Justice), Ori Eisen (Founder, Chairman and Chief Innovation Officer, 41st Parameter), Keir Breitenfeld (Senior Director Fraud and Identity Solutions, Experian Decision Analytics), and Reed Taussig (President and CEO, ThreatMetrix) will discuss current trends and the threat landscape, as well as proven solutions to detect and deter fraud.
The webinar is being sponsored by the following organizations:
41st Parameter prevents person-not-present fraud for the world's most valued and recognized brands. 41st customers report some of the lowest fraud loss rates in the industry while enjoying review rates as low as 1%.
Experian Decision Analytics helps clients make better, more insightful decisions and create greater value from customer relationships across their entire book of business.
ThreatMetrix helps companies stop web fraud and enable e-commerce. The ThreatMetrix Fraud Network helps businesses verify new accounts, authorize payments and authenticate user logins without relying on personally identifiable information.
About ISMG: Based in Princeton, N.J., Information Security Media Group publishes BankInfoSecurity.com, CUInfoSecurity.com, GovInfoSecurity.com and HealthcareInfoSecurity.com, which are one-stop sites for the latest news, insights and education on the top information security issues facing U.S. financial institutions and government agencies today. Through articles, webinars, podcasts, blogs and news alerts from federal regulatory agencies such as the FDIC, GAO, NCUA, HHS, FTC and NIST, the ISMG team is committed to providing up-to-date information on the security regulations, threats, solutions, training and career trends that most impact banks, credit unions, government agencies, healthcare organizations and other related enterprises. Leading companies supporting and benefiting from these initiatives include CA, Fortify, RSA Security, Secure Computing, Symantec and VeriSign.