How Banks Are Combining Technology and Education to Combat Social Engineering Fraud
Date: July 29th, 2021
Social engineering scams are becoming more sophisticated and increasing in frequency across the globe. Having evolved from traditional forms of account takeover fraud into much more elaborate and convincing operations, identifying and preventing these new digital threats is becoming more essential than ever for financial institutions.
While it is in the interest of financial institutions to raise awareness with customers on the impacts of cybercrime, they also appreciate that preventing social engineering scams also requires technology. Innovative solutions, such as behavioral biometrics, are being used by financial institutions today to tackle these threats and improve overall customer experience.
Join a panel of industry experts as they discuss how social engineering scams have evolved, the value of consumer awareness in preventing these attacks, and how innovative technologies can be used to disrupt social engineering without impacting customer experience.