Six Steps to Help SMBs Avoid Online Fraud, Financial Loss
Small-business (SMB) owners wear many hats and are pulled in many directions, they should take 15 minutes to do a little “homework” and benefit from the lesson Primary Systems learned the hard way.
Fighting Fraud is a Team Effort
While it’s quite typical for my blogs to take shots at the banks for failing to implement effective security controls, and at the financial regulators for being too slow at releasing guidelines, I think it’s time to emphasize that fighting fraud is a team effort. By coincidence, my last blog entry, in early July, ended with [Read More...]
Layered Security USING your Mobile Device
A natural extension to my last post, I find it interesting that most people intuitively see the need to secure mobile devices, applications and transactions, but they are likely unaware of the incredible power and convenience mobile devices present in terms of serving as a security device themselves. Increasingly, mobile devices are used for more [Read More...]
Layered Security for Mobile Banking
American Banker published a great article last week covering some of JPMorgan’s security strategies for mobile banking. Lloyd O’Conner explained the importance of layering multiple security technologies to protect their clients — as well as their own company — from the growing cyberthreats that not only target the online channel but are zoning in on [Read More...]
Survey: Site Seals vs Reliable Security – Which is Most Important?
There is a lot of hype right now about a major player in the SSL security space “rebranding” itself as the go-to SSL provider. But hype and big brand names alone shouldn’t influence security buying decisions. While this sounds logical, too many companies and organizations pay a premium for an over-marketed SSL trust seal. Entrust [Read More...]
Make the Ostrich an Endangered Species!
Mobile banking is one of the hottest topics these days, as financial institutions try to figure out how to open yet another channel that will help differentiate their service levels and provide operational savings. So it shouldn’t be a surprise that mobility featured prominently at this year’s NACHA-sponsored Payments 2011 show in Austin, Texas. Included [Read More...]
State of the Union
I’ve been working in the authentication and fraud detection space for close to ten years now and I find it both fascinating and scary. And the more knowledgeable I get, or maybe just the more I read about it, the scarier it gets. At our recent sales conference we had a number of speakers who [Read More...]
Is traditional strong authentication dead with the new Man-in-the-Browser attacks?
I wrote last week (see: ‘Old school’ fraud detection not making the grade in the new world of online attacks) about the importance of behavioral fraud detection in the fight against Man-in-the-Browser attacks. Does this mean that strong authentication is out of the picture? Nope! Like all good security strategies, it’s important to take a multi-layered [Read More...]