Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age
Aug 7, 2013
With the increasing cost and volume of data breaches, cyber security is quickly moving from
being considered by business leaders as a purely technical issue to a larger business risk. This
shift has spurred increased interest in cyber insurance to mitigate the cost of these issues. In a new study sponsored by Experian® Data Breach Resolution, Ponemon Institute surveyed risk management professionals across multiple sectors that have considered or adopted cyber insurance. Based on responses, many understand that security is a clear and present risk. Indeed a majority of companies now rank cyber security risks as greater than natural disasters and other major business risks.
Many companies use a traditional form of authentication that uses identity elements -- such as Social Security number, date of birth, name and address -- provided by and applicant and then compares these data points to data from trusted sources, such as credit bureaus. Problematically, most of this data has already been stolen, making this form of authentication unreliable.
In this CSO Magazine article, Keir Breitenfeld, senior business consultant at Experian, discusses new and dynamic authentication factors that help prevent identity theft while devaluing data for fraudsters. Download the full resource to learn more.
One year later: Do you know where criminals are concentrating their attention, and how to protect yourself against emerging fraud trends since the rollout of the EMV chip? We have the details on these new vulnerabilities to help you stay at the top of your game.
In our latest white paper, you will learn where criminals are actively probing the credit card industry for new vulnerabilities; how e-commerce fraud and address manipulation fraud are being impacted the most, and discover how to protect yourself from these fraud schemes.
Last year, mobile made up a third of all U.S. commerce. And in banking, the mobile channel is quickly becoming the customer’s preferred channel. The mobile channel offers many opportunities for your business and your customers — and unfortunately for fraudsters too.
Go beyond understanding fraud protection and the customer experience in your offline and online channels. Give your customers the freedom they need to do anything in any channel, without taking on more risk.
Gain valuable insight and deeper understanding of the complex world of mobile fraud management, effective mobile fraud strategies in practice, and tips for evaluating your mobile fraud strategy.
Identity relationship management is the next generation of identity management. Identity relationship
management isn’t just knowing who a person is (or is not) or may (or may not) be at a particular point in time.
Rather, it links people, places and things and enables a dynamic, context-based strategy that organizations
can apply confidently throughout the User or Customer Life Cycle.
Please complete the following form to access full resource.