Defending Against Fraud's Synchronized Attack on Banking and Consumers

Account takeover attacks increased nearly 300 percent from 2019 to 2020

Fraud is increasing in effort and sophistication, making protection one of the most important responsibilities for financial institutions today.

Learn fascinating new fraud trends and how banks and credit unions can stay a step ahead, like:

  • How fraudsters are getting up close and personal in their efforts to separate consumers from their funds
  • Scams designed to exploit the rise in mobile banking
  • The importance of preventing a fraudulent account opening over detecting and restricting one that’s already open

Download this article by Harland Clarke fraud expert Andy Shank to learn best practices for how to defend against fraud and know what's available in fraud protection technology today.

 

Source: Bracken, Becky, “Account Takeover Fraud Losses Total Billions Across Online Retailers,” Threat Post, October 2, 2020