{"id":4746,"date":"2012-01-10T21:15:00","date_gmt":"2012-01-10T21:15:00","guid":{"rendered":"https:\/\/evssolutions.com\/fraud-prevention-risks-for-banking-industry\/"},"modified":"2012-01-10T21:15:00","modified_gmt":"2012-01-10T21:15:00","slug":"fraud-prevention-risks-for-banking-industry","status":"publish","type":"post","link":"https:\/\/evssolutions.com\/insights\/fraud-prevention-risks-for-banking-industry\/","title":{"rendered":"Fraud Prevention Risks for Banking Industry"},"content":{"rendered":"
<\/p>\n
45%… Forty-five percent of all personal<\/em> computers are now predicted to be infected with software
So what can you do to prevent these gangs from striking
As of Jan. 1, 2012 federal bank examiners started enforcing our
To learn more about our solutions, contact us<\/a>
<\/p>\n","protected":false},"excerpt":{"rendered":" 45%… Forty five percent of all personal computers are now predicted to be infected with software that is designed to steal money from your bank account, according to The Anti Phishing Working Group. New groups of cyber gangs are going<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34,37],"tags":[],"class_list":["post-4746","post","type-post","status-publish","format-standard","hentry","category-fraud-prevention","category-security"],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4746"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4746\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nthat is designed to steal money from your bank account, according to The
\nAnti-Phishing Working Group. New groups of cyber gangs are going after
\nunsuspecting victims such as average to small-sized businesses. You may think
\nthat large bank systems are the ones at the most risk, but according to Arthur
\nWong in his article Beware
\nCyber Crime Gangs: Is Your Banks Web Site Safe?<\/a> hijackers are now
\ntargeting smaller business from PCs. These statistics may come as a shock to
\nsome. Reason being, there is no disclosure requirements for banks that face
\nfraudulent activity due to ID
\nverification<\/a> issues. This causes some serious woes for company bank accounts
\nespecially since banks do not have the same obligations for company accounts as
\nthey do for personal accounts.<\/p>\n<\/p>\n
\nyour business? Build firewalls, change passwords, use anti-virus software? Hijackers
\ncan surpass even these types of measures by injecting codes insides your
\nbrowser. It goes without saying, there is no way to ensure 100% protection from
\nfraud no matter what your fraud prevention measures are, but you can certainly
\nincrease your chances of protection.<\/p>\n<\/p>\n
\ngood friend, the FFIEC
\nrules<\/a> for online bank security by implementing multiple layers
\nof security<\/a> and authentication. These layers of authentication can help
\ncompanies protect themselves from the new threats posed by cyber gangs. EVSs
\nReal-time transactions and knowledge-based
\nauthentication<\/a> can add the extra layer that banks may need in order to outwit
\nthe codes that are breeching personal computers by stopping the thieves before
\nreaching the users data.<\/p>\n<\/p>\n
\nto see a live demo of how our products can benefit your company first hand.
\nAlso, follow us on Twitter<\/a> and connect
\nwith us on Linkedin<\/a>
\nto stay up to date with industry news.<\/p>\n<\/p>\n