Addressing Online Fraud & Beyond: Layered Security for Addressing Fraud Today? and Adapting to Tomorrow

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Executive Summary

Across the globe, online criminals have focused dedicated funds, time and resources to perpetrate fraud - and they are very adept at this process. The result has been a dramatic increase in online fraud that specifically targets consumers, enterprises and citizens. Every data breach or costly identity-theft case reported in the media erodes the public's confidence in the security of online financial transactions. Today, a wide variety of organizations offering online services face increasing pressure to defend against phishing, man-in-the-middle attacks and other criminal activities that are ultimately focused on defrauding individuals and businesses. This paper presents an overview of available security options that can help thwart fraud today and into the future, including multifactor authentication and fraud detection solutions.

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