With Fraud Costlier Than Ever, Here’s What FIs Need To Do
It used to be that, when an account holder suffered from a security breach, he might tell ten of his friends. Now through social networks, the word can quickly reach 10,000. Combined with an increase in banking alternatives like online direct, the stakes have never been higher for FI security. With that in mind, PwC’s Joe Nocera maps out an approach to security that can help FIs stay ahead in the 21st century.
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