Professional Fraud Prevention Suggestions for e-Banking Safety

Last week, Brian Krebs of Krebs on Security made an informative post on ways that both businesses and their banks can improve their efficient e-banking protections, and possibly mitigate or significantly decrease the risk of falling victim to cyber attacks. Krebs’ information comes from a senior member of the Office of the Comptroller of the Currency, a key federal banking regulatory body.

All Krebs’ suggestions are sound and informative, but what specifically caught our eye was his emphasis on the use of verification in addition to authentication in the recommended security measures for small and medium-sized businesses. According to Krebs, verification also plays a leading role in what federal regulators will be searching for when examining your business’ security measures.

EVS understands the important role that verification now plays in thorough security systems, and integrates id authentication and id verification measures into comprehensive single-lookup.

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