Preventing Fraud

Many financial institutions want to expand eBanking services to meet business objectives and customer demands. But with every new service, organizations must implement security measures that can mitigate risk and prevent fraud. New services must be secure in order to build customer confidence that leads to long-term trust and loyalty.

Unfortunately, online fraud continues to increase. Today’s news is full of stories of stolen passwords, hijacked sessions, and stolen database information. This not only results in significant financial losses but also causes a strain on the trusted relationship between financial institutions and their customers.

While some vendors offer pieces of the puzzle, SafeNet offers complete solutions to preventing fraud:

• SMS/Out of Band Authentication with 
  MobilePASS
• Trusted Web browser  with 
  NG-Flash Anywhere
• Clientless certificate-based authentication with 
  eToken PRO Anywhere 

Resources

• The following resources are available:

• Fighting eBanking Fraud: Preventing Man in the Middle and Man in the Browser Attacks