Nearly 2 million customers have had their checking accounts compromised in the last 12 months, resulting in upwards of $2B in losses for financial institutions (According to Gartner Research). As online customer activity continues to grow, and identity theft scams multiply and increase in complexity, total bank losses due to fraud could exceed $12B. Changing regulatory requirements demand compliance and further add to the difficulty of managing risk in the online channel.
In his latest white paper, recognized online fraud expert Ori Eisen, former Director of Worldwide Fraud, Card Issuance for American Express, and Founder of The 41st Parameter, provides online security best practices to:
� Prevent identity thieves from accessing your customers' personal information
� Minimise fraud and operational losses
� Meet and maintain compliance regulations and requirements with ease
� Extend the life-time-value of every customer through reduced attrition
� Enhance the customer experience with convenience and privacy
� Achieve Maximum Security Online