Experian’s fraud prevention and identity management business helps clients combat the global fraud epidemic costing businesses hundreds of billions of dollars every year. Ori Eisen, founder of the 41st Parameter, a part of Experian, and Frank Abagnale Jr. talk to Bloomberg TV about the major new fraud threats emerging and how Experian can help protect organisations and their customers from becoming victims.
Account takeover is a mainstream fraud issue as virtually any web site leveraging username and password authentication can be affected. As we wrote about earlier, another cybersecurity concern served as a reminder that managing fraud and protecting customer identities is becoming more complex as we are fighting creative and motivated people – not predictable systems.
Watch the interview here: