Because of security fears, only one in five mobile phone users has banked via a mobile app in the past year, the Federal Reserve reports. And the average loss in brand value for a company that experiences a data breach can exceed $300 million, according to PwC. While it is harder than ever to secure the increasingly mobile-based, real-time and open-access enterprise, it's also more important than ever. Bank Systems & Technology's security special digital issue examines the strategies and tools banks are using to provide an exceptional customer experience without compromising safety.
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IN THIS ISSUE:
IS THE CLOUD SAFE? Can banks trust their client data to the cloud? Absolutely, say the experts, who suggest FIs manage the risks of cloud-based services as they would outsourcing risks -- only with more caution.
GIVING MOBILE CUSTOMERS WHAT THEY WANT: When it comes to mobile, consumers want security and convenience. How can banks provide safe mobile banking without ruining the customer experience?
PLUS: - Why Mobile Apps Strike Fear In Customers
- NACHA Best Practices For Securing E-Payments
- Cybersecurity Tips From BITS
- How One FI Improved Fraud Fighting With a SaaS-Based Solution
This issue sponsored by