The Faces of Fraud: Fighting Back

See How Financial Institutions Respond to the Latest Threats

From skimming and POS attacks to ACH fraud and payment card hacks, 2010 was "The Year of Fraud," and the year's incidents have left banking institutions and their customers anxious for new solutions to prevent fraud in all its forms.

In response to the growing fraud threats – and to the demand for new solutions – Information Security Media Group just concluded its latest survey, "The Faces of Fraud: Fighting Back."

This is the Executive Summary of the survey results and what they suggest for fighting fraud in 2011.

One of the most telling responses of the survey is to this question:

When is a fraud incident involving your organization usually detected?

To read the entire article, click here - http://www.bankinfosecurity.com/surveys.php?surveyID=9