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Posted March 19, 2012
The Session Will Address How Financial Institutions Can Assess Their Fraud Risk and Maximize the Value of Anti-Fraud Investments
San Jose, CA – March 19, 2012 – ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, today announced that it will sponsor an Information Security Media Group webinar on fraud threats and solutions. The webinar, titled “The Fraud Dilemma: How to Prioritize Anti-Fraud Investments,” is slated to debut March 20 and will feature insights from George Tubin, founder, GT Advisors and Alisdair Faulkner, chief products officer, ThreatMetrix.
Facing an increasingly sophisticated array of fraud techniques – ranging from account takeover attempts to ATM skimming and phishing attacks – financial institutions are under intense pressure to protect customer assets.
“Today’s financial institutions need to have a solid understanding of their potential fraud risk as well as the anti-fraud strategies that are essential in protecting online banking activities,” said Faulkner. “At ThreatMetrix, we’re focused on equipping financial institutions with the tools they need to meet FFIEC guidelines and make informed investments in anti-fraud and layered security solutions.”
Since a single mistake could result in a data breach with substantial financial, regulatory, customer, shareholder and reputational consequences, regulators are requiring financial institutions to deploy layered security controls and implement FFIEC authentication guidelines. But from an investment perspective, institutions often struggle with evaluating all of their anti-fraud options and determining which ones are best-suited to their specific risk profiles, added Faulkner.
Topics that Tubin and Faulkner will address in the webinar include:
• Regulatory Requirements – What are the basic expectations for assessing and mitigating fraud risks?
• Investment Planning – What is your institution’s fraud loss profile, and how can you best match mitigation approaches to your identified risks?
• Selling the Solution – Once you’ve identified your anti-fraud solutions, how do you demonstrate value to stakeholders, and then win support for a prioritized investment plan?
For more information about the webinar, visit: The Fraud Dilemma: How to Prioritize Anti-Fraud Investments.
ThreatMetrix®, The Digital Identity Company®, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 20 billion annual transactions supporting 30,000 websites and 4,000 customers globally through the ThreatMetrix Digital Identity Network®, ThreatMetrix secures businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches. Key benefits include an improved customer experience, reduced friction, revenue gain and lower fraud and operational costs. The ThreatMetrix solution is deployed across a variety of industries, including financial services, e-commerce, payments and lending, media, government and insurance.
Walker Sands Communications