Tag Archives: Online Banking

Six Steps to Help SMBs Avoid Online Fraud, Financial Loss

November 6, 2012 by Mike Byrnes     No Comments

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

July 19, 2012 by Mike Byrnes     No Comments

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...]

Filed Under: Fraud Tagged With: FraudFraud, OceanBank, Online Banking

Layered Security USING your Mobile Device

June 12, 2012 by Mike Byrnes     No Comments

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

May 8, 2012 by Mike Byrnes     No Comments

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...]

Filed Under: Fraud, Identity Assurance Tagged With: biometrics, Business, fraud

Survey: Site Seals vs Reliable Security – Which is Most Important?

April 10, 2012 by Dave Rockvam     No Comments

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!

April 6, 2011 by Scott Perry     No Comments

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

August 11, 2010 by Scott Perry     No Comments

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?

July 28, 2010 by Steve Neville     No Comments

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...]