Finding a more effective method of protecting banks and companies against cyberattack has become a pressing issue.
Andrew Davies, vice-president of global market strategy, financial crime risk management at fintech provider Fiserv, says: “There has been a 61% increase in attacks on accounts in the US. It has become a major talking point.”
Concurrently comes the threat of attacks in real time. As systems and those attacking them become more sophisticated, so too must the lines of defence.
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Andrew Davies, Fiserv |
Davies says: “The move to real-time payments means more understanding is needed on the impact of financial-crime risk.
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