Angel Grant

Learn How to Reduce Fraud – Not Customers at RSA CHARGE 2017

Blog Post created by Angel Grant Employee on Aug 22, 2017

The consumer world is at a historical inflection point in which the ways individuals are interacting and transacting is changing more than we have ever seen before. Organizations are now managing multiple digital channels and face unprecedented business and security challenges ranging from legislative pressure, competition from new entrants forcing organizations to offer consumers more convenience and flexibility and the increase in potential points of vulnerabilities in which cybercriminals can gain access. These disruptors in the consumer space are all interrelated and if not looked at that way will have grave consequences to the security of those environments. Especially, the financial services industry which is facing disruptive pressures on many fronts:

  • Customer expectations are changing – digital transactions are expected to be fast, frictionless, personalized, channel agnostic and secure.
  • FinTech innovation is leading to new competition offering digital services forcing organizations to rethink their strategy and create new partnerships powered by the API economy.
  • Sweeping global regulations are being created to drive more accountability for consumer data protection, security and privacy such as PSD2, GDPR, SEPA and FFIEC.
  • Dramatic growth in digital interactions driven by flexibility in transacting through Internet of Things (IOT), shift towards online shopping and payments innovation like 3DS 2.0. Yet, minimal growth in organizational resources to mitigate fraud and keep pace with cybercrime is forcing organizations to leverage new technologies like data analytics and automation and case management.

The Fraud and Risk Intelligence track at RSA Charge will address many of these trends and how RSA’s strategy and roadmap is helping our customers on their journey to an omni-channel fraud management strategy. The track title is aptly named “Reducing Fraud – Not Your Customers” as we recognize the challenge our customers face to reduce fraud without impacting the user experience. We will be featuring some interesting customer case studies on fraud detection and prevention in the cloud, some great discussions planned on the consumer authentication and mobile revolution, best practices for securing the open banking API economy, and how organizations can leverage machine automation to mitigate fraud more effectively.

 

Also, we will be hosting a peer birds of a feather luncheon which will include topics such as mobile fraud strategies, planning for 3D Secure 2.0 and digital payments and there will be an exclusive meetup for RSA Web Threat Detection customers to engage. We will also be providing a first look at new innovations in our lab environments and the partner Innovation Zone.

 

RSA Charge Fraud and Risk Intelligence track is designed to empower Anti-fraud leaders to be better equipped to discuss the current business impact of fraud risk and prepare for the future by enabling them to work more collaboratively with business leaders to ensure they are protecting what matters most.

 

The full schedule for this year’s event on the RSA Charge website with more than 35 hands-on labs, 90 sessions and 140 thought leaders and industry experts who are ready to share with you the key insights needed to take your security strategy to the next level. register today

 

RSA Charge 2017, the premier event on RSA® Business-Driven Security™ solutions, unites an elite community of customers, partners and industry experts dedicated to tackling the most pressing issues across cybersecurity and business risk management. Through a powerful combination of keynote speeches, break-out sessions and hands-on demos, you’ll discover how to implement a Business-Driven Security strategy to help your organization thrive in an increasingly uncertain, high-risk world. Join us October 17 – 19 at the Hilton Anatole in Dallas, Texas.

To learn more about this upcoming event and fraud trends, follow us on Twitter @RSAFraud

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