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Executive Brief

Why Your Bank Is Better Off With Fewer Fraud Alerts

As the cost of cybercrime escalates across all industries, banks are suffering the most.

In the past six years, the cost of cybercrime in the financial services industry has risen by $8.96 million to $28.33 million a year – more than any other industry.1 This rise in fraud translates into an avalanche of fraud alerts with the potential to inundate and overwhelm banks and their fraud investigators.

Average annual cost of cybercrime in the financial services industries is $20.8 million. What you can do to win the fight

Continuing Content

White Paper

3 Ways for Banks to Win the Raging Battle Against Cyber Fraud

In today's threat-ridden landscape, there’s no doubt that the banking industry’s approach to cyber fraud detection must evolve to keep pace with sophisticated fraudsters.

White Paper

5 Ways for Banks to Stay Ahead of Cyber Fraud Sophistication

According to the AFP 2016 Payments Fraud and Control Survey, nearly 75% of companies were targets of payments fraud last year. Not surprisingly, as the threat level increases, so does the cost of an attack.

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