8 Cybersecurity Threats Facing Banks & Fintechs

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Presented by

Clayton Roth, Jumio

About this talk

Financial institutions are an obvious target for cybercrime. Unless they double down on strong internal security against a broad range of threat vectors, they will continue to be targeted and victimized by fraud rings and nation states. Unfortunately, their IT security is perceived to be deficient — especially within smaller banks and credit unions. Making matters worse, cybercriminals are adopting new technologies, increasing their coordination and becoming more sophisticated. They’re compromising employees’ and customers’ personally identifiable information (PII) for use in illicit schemes elsewhere. Thanks to large-scale data breaches, they’re leveraging the dark web to take over legitimate accounts. In this webinar, Clayton Roth will explore 8 emerging cybersecurity threats that financial institutions need to take seriously by building the requisite safeguards to protect their assets, customer data and reputation.
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Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides advanced risk signals, identity proofing and compliance solutions that help you accurately establish, maintain and reassert trust. Leveraging advanced technology including automation, biometrics, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions. Based in Sunnyvale, Jumio operates globally with offices in North America, Latin America, Europe, Asia Pacific and the Middle East and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners. For more information, please visit jumio.com.