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Fraud Prevention To Increase Customer Confidence In Online Banking

On January 12th at 9:00 am Pacific time, my boss, Jim Maloney, will be presenting along with George Tubin, a senior analyst at Tower Group, on the topic of preventing fraud in the online banking world. They’ll discuss the threats, ways to protect customers, and some tools and processes that can help get the job done. It’s a hot topic in the marketplace, and I think many people will find this Web cast interesting from a security perspective, regardless of whether or not you work at a financial institution.

There’s been a lot of talk and movement in this space in the past few months, after the FFIEC (the federal government organization that’s made up of several individual federal agencies responsible for setting banking standards) issued new guidance to banks and other financial institutions that says something needs to be done to further protect online banking accounts, and that it needs to be done sooner rather than later. The emphasis of the guidance is on a defense in depth and layered security approach. Jim and George will be specifically addressing that guidance in the Web cast.

You can sign up for the Web cast here (uses LiveMeeting). A press release that announces the event is available here.

[tags]online banking,web cast,fraud prevention,jim maloney,george tubin,tower group,ffiec[/tags]

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