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How can organisations enable genuine users to transact
easily, and stop fraudsters from doing things they shouldn’t
be allowed to? It’s a question has been taxing the minds of
the brightest security specialists for the last 30 years, and with
identity theft, data breaches and fraud at an all-time high, the
question has never been more relevant to financial institutions.
It’s never been more difficult to answer either. Consumers
interact with their banks anywhere in the world through many different
and fragmented channels, ranging from the bank website, an ATM machine,
and an in-store chip and PIN transaction, to online shopping, the
phone, or—just occasionally—at a bank branch.
Securing transactions is made all the more difficult by the
consumerisation of IT: sit on any bus or train and you’ll
find most passengers busy with their iPad or Android phone, checking
their bank statements, buying flight tickets, or booking theatre
tickets.
So how do organisations secure this global, moving, multi-channeled
mass of people? CA has the answer. Click here for the full byline, and author’s bio and photo.
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