Fraud incidents and losses have remained steady or increased in the past year, according to ISMG's latest Faces of Fraud Survey. And the biggest fault of banking institutions' current anti-fraud controls: They rely too much on manual processes.
Manual processes can hinder banks' ability to pivot quickly and offset, or counter, the rate of speed at which cyber criminals are launching their attacks. Yesterday's defenses can not be assumed to work against today's threats.
Download this result report as your guide for 2019 to better understand:
- The impact of high-profile breaches on current fraud trends;
- Where organizations intend to focus their efforts and budgets this year;
- The role of analytics, machine learning and biometrics in improving anti-fraud defenses in 2019.