Financial Fraud: Understanding Hacker’s Modus Operandi
Organized cybercrime syndicates are using extremely sophisticated methods to target financial institutions, payment firms and e-commerce merchants.
With the rise in organized financial crime, security and fraud teams are challenged with tackling cyber-enabled financial fraud and managing a growing strategic risk to their brand reputation.
It is imperative to understand the hacker’s modus operandi, the attack components being used, and how to take control and build defenses to prevent fraud. It is also critical to know how to read into the fraudster’s mind to understand motivated attacks from every angle, limiting the effectiveness of the best one-dimensional defenses.
The session will cover:
- Ways to understand the architecture of financial fraud and attack components
- New authentication methods to prevent fraud
- Best defenses to fight fraud and scale