TRENDING: Why Preventing Bank Cyberattacks Is Only Half The Omni Security Battle

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Posted on October 11, 2018

Cyberattacks on banks have become seemingly inevitable, with banks and financial institutions (FIs) at risk of losing as much as $100 billion to online fraud every year.

FIs hoping to win the fight against fraud are increasingly embracing new tools and technologies like machine learning (ML) and artificial intelligence (AI). However, preventing cyberattacks from impacting an FI is only half the battle. The other half? How to react and recover when that impact hits.

In the latest issue of the Omni Security And Authentication Report™, PYMNTS explores how banks are working to both prevent cybercrime and deal with the aftermath of


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