From the moment that financial information became digitised, there have been people trying to manipulate data for personal and financial gain. As technology revolutionised the way banks conduct business, cybercriminals have continued to breach payment security measures.
With 70% of companies targeted for business fraud, the number of threats to payment security increases, and so does the cost of an attack.
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The stakes have never been higher for banks and financial institutions when it comes to protecting customer and data. Customers are more aware than ever before about the risks of payment fraud, and if they find their bank isn’t protecting them, they aren’t afraid to find a bank that will.
There are only two types of companies: Those that have been hacked, and those that will be. And even they are converging into one category: companies that have been hacked and will be hacked again.
White PaperSWIFT CSP: How to use it for an unfair business advantage
Download our guide to SWIFT CSP to learn how to turn the 27 mandatory and advisory controls into prime opportunities to seize the competitive advantage your peers don’t even realise is available to them.
White PaperUnderstanding SWIFT CSP
After a high-profile series of attacks against a number of organizations last year, SWIFT has set up a SWIFT CSP (Customer Security Program) for further payment fraud prevention. The CSP contains a laundry list of controls, some of which are mandatory, some advisory, along with multiple deadlines.
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