Consumers want more mobile-friendly financial services, and they want them now -- without any security or privacy compromises. These expectations create tension in the delivery of mobile financial services and apps. What’s the best way to strike a balance between a frictionless mobile experience and the security diligence customers demand?
Learn how to answer this question for your enterprise during a webinar with Ted Eull, NowSecure VP of Risk and Privacy. Ted will apply insights from mobile security engagements with NowSecure customers in the financial services industry, explain best practices, and provide guidance on topics such as:
-- Where do you draw the line between frictionless mobile UX and authentication?
-- What constitutes good two-factor authentication for financial services apps that doesn’t hinder adoption or inconvenience users?
-- How can FFIEC guidance help enterprises develop secure financial services apps?
Short video featuring interviews conducted at the 2012 Morningstar Investment Conference.
- Growth trajectory: emerging markets vs. developed markets
- Questions financial advisors should ask when considering investing in emerging markets
- How emerging markets will evolve in the future
*Joel E.D. Wells, PM, Alpine Woods Capital Investors
* Matt Ryan, PM, MFS Investment Management
* James Rehlaender, Managing Director & PM, E.I.I. Realty Securities
* Michael McGowan, PM, Forward International Real Estate
This webinar is based on the Mobey Forum’s report, the first of two parts, and uses a standardised risk management approach to provide financial institutions with an overview of risk management in MFS, relative to the mobile device environment. To assist with risk evaluation it describes the identified threats and classifies them into twelve categories. An analysis of the risk level is then provided for each category based upon likelihood of its occurrence together with its anticipated impact.
The report contends that one of the highest risks still resides with the end user, the customer. Techniques that target the person rather than the device, such as social engineering and phishing, are often used by criminals to gain (sensitive) information that enables subsequent attacks to be launched, leading to fraud. Impersonation of the customer during the registration for or installation of a mobile financial service or during the mobile financial service transaction itself is also highlighted and examined.
Mobey Forum is now developing a second accompanying report, providing guidance to financial institutions on mitigation measures and best practices to reduce the risks identified.