Cybersecurity professionals have had their work cut out for them during the pandemic. In the second half of 2021, consumers flocked online to shop for the holidays, communicate with their banks, purchase event tickets, and more. In all of these online interactions, consumers expect both a streamlined user experience and high security standards. But the rapid rise in online traffic has made providing both elements a tall task. To help businesses navigate these new expectations, our team used insights from
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Banking customers increasingly rely on digital offerings to handle their finances, with the number of online banking users rising 42% year-over-year in 2021. As mobile banking becomes more popular, a quality user experience will become an even bigger priority for financial institutions. After all, a frustrating login experience could be the reason a customer switches from one bank to the next. But at the same time, this increase in online traffic can also leave financial institutions vulnerable to security risks. …
Over our past few blogs, we’ve explored how device intelligence and behavioral analytics stop fraud in its tracks. But what type of fraud are we talking about, exactly? When we discuss common fraud tactics with our customers, there’s often a level of uncertainty around what fraud actually looks and acts like. While folks generally have a good grasp of the variety of techniques bad actors employ, many are still working toward a full understanding of the spectrum of fraud tactics