Banks’ weaknesses: How to reinforce the security of your bank against digital banking fraud? - The three Cs – customers, controls and culture
To secure themselves against fraud via digital channels, banks need to identify and address the areas where they are vulnerable.
These include ensuring that basic IT security precautions are in place, applying appropriate internal controls rigorously, and telling their customers how to bank safely online, choose strong passwords and avoid being duped.
Here is an infographic from our "eBook on Digital Banking Fraud” summarizing the major problems that most banks face and their particular vulnerabilities.