Tag Archives: banks

Top 5 Security Practices for Financial Institutions to Defeat Online Identity Attacks

February 10, 2014 by Mark Reeves     No Comments

The Bank of England (BoE) recently simulated a major cyber-attack against the British financial system that yielded some disturbing results: many of the UK’s largest financial institutions are unprepared for large-scale online identity-based attacks. More surprisingly, many of them are also uneducated on how to detect and report cyber security breaches. The Telegraph UK reported [Read More...]

Delight or Disappoint? FIs Balance Security and Customer-Experience Paradigm.

December 6, 2011 by Mike Byrnes     No Comments

As mentioned in my last post, with organized crime groups clearly focused on the mobile channel, financial institutions will increasingly need to roll out strong security. But, they also need to be mindful of the impact that security has on the user experience. At a recent conference, I had the pleasure of attending a session [Read More...]

Filed Under: Fraud, Identity Assurance Tagged With: FI, layered security