The collapse of Silicon Valley Bank (SVB) has created confusion and uncertainty, providing an opportunity for fraudsters to attack. Businesses that are experiencing a substantial increase in new account volume and account takeover attempts, particularly high-net worth individuals and organizations, are at risk of falling prey to additional fraud at this time.
Join us for a webinar to discuss the fraud landscape, analysis from our data science team and how businesses can navigate the risks during this time of massive transition.
In this on-demand webinar, we will explore:
- how to proactively monitor fraud patterns and adjust logic to allow for seamless onboarding with limited risk.
- the operational considerations that businesses should take to maintain a frictionless, rapid onboarding process.
- the importance of leveraging signals and analytics to combat synthetic fraud attacks, which have increased their targeting of deposit accounts substantially during and following COVID.
- changes to fraud strategies for banks and fintechs that may lose a meaningful amount of customer accounts in this current turmoil