The relationship between cyber attacks and fraud is increasingly problematic. Society’s reliance on digital technology increases our vulnerability to fraud. Fraudsters see gaining data through cyber attacks simply as a step in the process – a means to an end. But these attacks create real headaches for victims and the authorities and the fraud creates significant costs for banks and society. James Hatch, Director of Cyber Services at BAE Systems Applied Intelligence, discusses how he believes fighting modern fraud needs a radical new level of collaboration and trust.
Chief Security Officer (CSO)
Personal identification numbers (PINs) are everywhere. These numeric versions of the password have been at the heart of data security for decades, but time moves on and it is becoming evident that the PIN is no longer fit for purpose.
Written By: Susan Smithfield – International Director In the current business environment—characterized by high connectivity and excessive reliance on digital infrastructure,…