Security in Retail Banking Executive Presentation Q2, 2007 (Executive Presentation)
Introduction
Security is a fundamental requirement for all banks as customers expect their investments, personal information and credit details to be secure. Fraud continues to be an issue for retail banks across the world. The majority is currently related to cards and payments, however, identity theft and account breaches are on the rise. As a result, banks are fighting an ongoing battle on all fronts.
Scope
A review of the Market, Strategy and Technology Focus briefs provides a concise summary of the security issues impacting retail banks. The capabilities of the Datamonitor's interactive model are demonstrated
Highlights
Against a backdrop of tightening regulatory controls, fraudsters' increasingly sophisticated methods, growing commercial losses and concerns about customer retention, banks are being driven to implementing stronger security environments. The number of individuals with access to a bank's internal operations is growing all the time, thus increasing the complexity of ensuring that access is tracked and that customers, staff and contractors alike all have access to what they need, while unfriendly parties are intercepted and access is blocked. While banks need strong security solutions in place to manage individual elements of their operations, it is critical that these are combined with a cohesive security infrastructure that enables them to have a clear view of the threats they are exposed to at any given point in time across the entire enterprise.
Reasons to Purchase
Gain visibility into the dynamics of the retail banking security IT market Gain market insight to assist in your strategic planning and go-to-market strategy
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