F E A T U R E
F E A T U R E
This can be supported through employee training programmes where employees are capable of not only recognising cyberthreats but are comfortable reporting them . Instead of traditional classroom or computer-based training , organisations should be pushing for concentrated campaigns and interactive training methods such as learning via gaming software .
‘ Best practice ’ for preventing fraud
Rashmi Knowles , Field CTO , RSA Security
The first step in avoiding fraud is creating a ‘ human firewall ’ within an organisation – i . e . communicating that security is everyone ’ s responsibility .
Every member of an organisation should understand the threat posed by hackers and the benefits of keeping their company secure , not just within the context of their role , but across the entire organisation .
As employees are generally the weakest link in any company ’ s security , organisations should seek to educate employees about how they are on the frontline of the fight against cybercrime .
Employees need to be educated to ensure they avoid clicking on links in text messages or emails from unfamiliar senders , which will help to mitigate the risk of having bank details stolen , or malware being installed on devices .
Organisations should also look to create a device identification process , using a business-driven approach to security by linking device identification to a clear risk strategy e . g . ask users on new devices to re-authenticate to reduce the risk of fraud .
For example , in RSA ’ s Q2 fraud report phishing was found to account for 41 % of all fraud attacks . Given how many angles there are for cybercriminals to exploit , enterprises need to have a full suite of tools , including intelligent threat systems and sophisticated analytics , available to ensure they are properly protected .
RSA offers a variety of fraud prevention solutions , designed to offer a layered , omni-channel approach to detecting and mitigating fraud . RSA FraudAction provides businesses with visibility into online attacks such as phishing , malware , rogue apps and social media threats .
RSA Security ’ s fraud solutions
Daniel Cohen , Director of RSA ’ s Fraud and Risk Intelligence ( FRI ) Unit
Fraud is an incredibly complex issue that covers so many different areas , from identity theft to credit card compromise . Traditional fraud methods , such as phishing , trojan attacks and rogue mobile apps are still prevalent .
This is complemented by RSA Web Threat Detection that leverages behavioural analytics to prevent account takeovers , automated attacks and other high-impact fraud threats by analysing user activity from the moment they start a new session to when they log off from a website or mobile app .
Finally , Adaptive Authentication provides transaction-level risk analysis using advanced Machine Learning capabilities , authenticates end-users and detects and prevents fraudulent transactions , across numerous channels , to minimise financial risk . �
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