Aite Report: Digital Channel Fraud Mitigation: Evolving to Mobile-First
Financial institutions are increasingly moving to online and mobile channels to offer better and more cost-efficient experiences to their customers. Unfortunately, mobility has become a high-risk environment for data breaches, phishing attacks, malware, and social engineering tactics. So how can your bank overcome mobile security concerns?
To understand current trends in online and mobile banking fraud as well as the tools being used to mitigate these risks, Aite Group surveyed executives from North American financial institutions asking for the top security concerns and the current and future cyber-fraud prevention programs being used to protect their digital channels.
In this exclusive report, Aite Group summarizes key insights from this research and addresses:
- Trends in cyber fraud prevention
- How behavioral analytics, biometrics, KBA, and step-up authentication fit into the mix
- Security priorities: a future outlook
- Online channel security vs mobile channel security
To download the full report, please click here.
