The Gold Standard Series connects you with industry peers and updates you on the latest banking trends with presentations on what financial institutions need to know most.

Social engineering and fraud events continue to be major issues for financial institutions (FIs). As companies focus on platform security, hackers have refined their strategies to target the weakest entry point they can find: the user. To defend against ever-evolving cybersecurity threats, banks and credit unions must secure their users as much as their internal systems.

This presentation will explore the various threats FIs face, including end-user social engineering, proximity fraud, and distance fraud. Panelists will provide insights and guidance on the following topics: 

• Understanding and defending against credential stuffing attempts
• Fraud scenarios that various FIs face
• Providing security tools and education for end users
• Utilizing the latest innovations in fraud solutions
• Educating employees on social engineering