Affecting organizations from small and mid-sized businesses to large corporations, corporate account takeover is a form of corporate identity theft where a business’ online credentials are stolen and used to engage in fraudulent banking activity. Detecting and preventing corporate account takeover requires a partnership between financial institutions and their clients, as each has an active role to play in prevention and detection. The key to maintaining confidence in this partnership begins with education. Become educated on the different ways to protect your organization, then consider the options available and create the right blend of protection.
Important Ways to Protect Your Organization
Experts recommend that financial institutions and their customers develop a multi-layered approach to detect and defend against cyber threats which includes the correct mix of sound business practices and various technology solutions. This webinar highlights three key components that when applied will help protect your institution from corporate account takeover:
Education:
■Learn about how cyber-attackers work and the current popular attack methods
■Become familiar with criminal software tools such as Zeus Malware – a Trojan horse that steals banking information
■Recognize the sound business practices that can help mitigate corporate account takeover
Detection:
■Discover the effective security solutions available to enable you to stay vigilant and proactive against this type of fraud
■Find out who the major players are and what fraud-related industry resources are available to your organization
Prevention:
■Understand why your organization should use an integrated layered defense against corporate account takeover
■Determine the correct recipe for the development of a robust protection service best fitted for your needs
Industry Experts Share Insights on Industry Practices and Solutions
Industry experts share knowledge and research that will help you determine the best security approach to protect your organization and customers.
Topics discussed include:
· Banking security score card
· Examples of browser, malware threats, and Zeus
· Education and resources available
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