Secure E-Banking & Consumer-Friendly Fraud Prevention Executive BriefingExclusive Briefing and Networking Reception
Recorded at RSA Conference 2015, April 22, 2015
An exclusive briefing and networking reception for banking/security leaders at RSA Conference 2015.
Gain new insight into the latest security threats to banking institutions and their customers, as well as how leading institutions are deploying new controls that account for the customer's convenience. Topics covered include:
- The mix of old & new threats (including phishing and malware variants) that prey upon banking institutions and accounts;
- How ubiquitous mobility changes the customer, threat and security dynamics;
- Steps institutions are taking not just to protect account data, but to make customers aware of the latest threats and security controls;
- How to find that critical balance between strong security and customer convenience.
Over the past decade, two innovations have forever changed the face of electronic banking.
The first is mobile technology. Smartphones have become the devices people never put down. For work or pleasure, personal or business, mobile devices have grown into a central point from which people manage their lives. Banking and financial needs are not an exception.
The second innovation, alas, is banking malware, which arrives via phishing, watering hole and other stealthy attacks, aimed at stealing account information, identities and money. Mobile is but the latest vector for fraudsters to target, and banking institutions are continually challenged to keep pace with evolving threats.
Where mobility and malware meet is at the crossroads of today's innovative security solutions, where institutions strive to create new security controls that challenge the fraudsters, but keep electronic banking convenient for the customer. After all, if customers want to put their mobile devices at the center of their universe, can banks listen and adapt? Can security solutions follow suit?
This session will help you understand - from the security vendor's perspective - the mobile-centric application of strong authentication technology from banks around the globe. Hear the innovative use cases that deploy mobile security across channels; from corporate bill bay, to ATMs, to mobile banking, to customer communication, to call centers, to IVR systems, and beyond.
And from the banking institutions' perspective, hear how one bank differentiates itself from competitors not just by its focus on security, but for emphasizing customer awareness and the convenience of security solutions. It's not enough for security controls to be effective. They need to be understood and easy to use. This bank gets it, and its security leader is eager to share insight.
The speakers addressed a wide range of important issues, including:
- Top threats to banking institutions;
- The role of mobility as both a threat vector and a security control;
- How to make security both effective and convenient.