Training

Electronic / Mobile Payments Fraud , Fraud Management & Cybercrime

Understanding the Opportunities and Threats in Mobile Banking

Understanding the Opportunities and Threats in Mobile Banking

The growth of mobile devices is fundamentally changing the payment and commerce landscape making it critical for businesses to deliver frictionless services with utmost security. The use of mobile devices to sign up for new accounts or conduct other banking transactions has grown rapidly in the financial services market. Today over fifty percent of online banking transactions are completed using mobile devices.

Register for this informative webinar to learn more about how criminals are taking advantage of this evolving threat landscape.

Background

In this webcast, Dean Weinert, Director of Mobile Products, ThreatMetrix, talks about the importance of understanding users' digital identities across a global data network to deliver enhanced mobile solutions to trusted consumers while stopping cybercriminals.

The growth of mobile devices is fundamentally changing the payment and commerce landscape making it critical for businesses to deliver frictionless services with utmost security. The use of mobile devices to sign up for new accounts or conduct other banking transactions has grown rapidly in the financial services market. Today over fifty percent of online banking transactions are completed using mobile devices. However, mobile banking apps are seldom designed with adequate fraud detection capabilities and frequently lack the security features necessary for fraud prevention systems to determine if a device in question is being used legitimately - creating a prime opportunities for cybercriminals. As such, organized cybercriminal networks are developing new techniques and technologies to exploit the vulnerabilities in the rapidly expanding mobile channel, resulting in a critical need to detect and prevent mobile based fraud.

Attend this ThreatMetrix webinar, "Understanding the Opportunities and Threats in Mobile Banking", to:

  • Understand the techniques and technologies behind mobile attacks;
  • Analyze the business impact of mobile compromise;
  • Learn how to deliver solutions to stop mobile cybercrime.

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