Security

A recent report by the Aite Group forecast that global spending by financial services organisations on third-party fraud detection software will be $254m by 2008, up from $174m in 2005. Customers expect their banks to deal with security threats from phishing and pharming attacks, even if the attacks are made against the consumer’s rather than the bank’s system.

At the same time, banks must not overlook the growing threat of internal security breaches. Identity management for employee access to systems and enhanced security systems for copying hardware are just two areas that have seen, and will continue to see, a high level of investment.

Future Banking keeps executives up to date with the fast-changing issues of banking security and addresses the key concerns for the financial services industry and the consumer.

Vendor Solutions
	Convergence strategies for retail banking Anne Shipley, Nortel Networks UK Ltd. Click here to read