Company: IBM United Kingdom Limited
Category: Market Risk
Published: 08 September 2015
You work hard to maintain your organization’s reputation as a
trusted financial advisor, and with good reason. Because many banks offer similar services and interest rates, one of your greatest differentiators, from your customers’ perspective, is service.
As a result, many organizations find that financial fraud not
only impacts their bottom line, but also erodes the trust they’ve worked hard to gain from customers. In fact, the Ponemon Institute found that financial organizations experienced a higher than average rate of customer attrition following a security breach, as well as higher costs for each fraud loss.
In this whitepaper, you’ll learn why global threat intelligence is more important than ever in the fight against web fraud, and how this intelligence can be used to deliver automated threat protection to financial institutions.