Collaboration is the key to cyber crime prevention

Collaboration is the key to cyber crime prevention

Cyber crime is growing and changing. So how can organisations effectively combat this increasingly complex problem?

One of the techniques that organisations can use is to build up comprehensive customer profiles in order to benchmark normal and abnormal behaviour. And if financial institutions collaborate by sharing data, those profiles will become even more comprehensive. Andrew Davies, from fintech services provider Fiserv, argues that a holistic customer view combined with integrated teamwork is the key to an effective cyber crime prevention strategy.

You can read his post on our sister site here.

© Business Reporter 2021

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