Faces of Fraud: Survey Analysis
Payment cards, bogus checks and phishing/vishing incidents - these are the top forms of fraud experienced by banking institutions, according to the newly-released results of the Faces of Fraud survey conducted by Information Security Media Group.
But what are the emerging fraud trends? And how should banking/security leaders respond to the survey results and improve their efforts to prevent and detect fraud across all banking channels?
In an exclusive panel discussion accompanying the Faces of Fraud: Survey Results Webinar, Mike Urban of FICO and Matthew Speare of M&T Bank sat down with ISMG Editorial Director Tom Field to analyze the survey results and offer fraud-fighting advice to financial institutions. This is a transcript of that panel discussion, touching upon:
- Analysis of the survey results;
- Tips for improved cross-channel fraud detection and prevention;
- Insights on technologies and techniques to help fight fraud.
