What Keeps a Bank's CFO Up at Night - The True Cost of Cyber Fraud To Your Business
Date: Sept. 20 2018
Time: 11:00 AM ET | 10:00 AM CT
Fraudsters are ever-evolving and constantly discovering new methods of stealing money from institutions worldwide. The drive to digital transformation is providing new opportunities for fraudsters to exploit businesses and consumers remotely. The losses from cybercrime continue to rise year-after-year with the number of cyber incidents targeting businesses nearly doubling between 2016 and 2017 according to the Online Trust Alliance. 2018 is not showing any reduction in these trends.
How should businesses balance risk against Information Security costs and investments? What is the true ROI of fraud investments? Join us as Leif Easterson, former CFO, Information Security and Risk Management at Citigroup, examines these issues and more. Using experience from his days at Citigroup, where these were challenges that he faced on a daily basis, Leif will examine the true cost of fraud to financial institutions - both the actual fraud and the operational costs associated with fraud and risk managements. Additionally, BioCatch will be unveiling a new ROI calculator to help companies determine what the impact of next generation solutions like behavioral biometrics to the bottom line.