Authentication and Anti-Fraud: leveraging emerging technologies and advanced analytics

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Authentication and Anti-Fraud: leveraging emerging technologies and advanced analytics

IDC - Kaspersky Breakfast Briefing

Budapest, November 28, 2018

Overview

Organizations, especially financial companies, are constantly challenged by fraud risks. There are more and more fraudsters, determined to commit fraud and mimic legitimate transactions to avoid detection and arrest. This trend is fueled by the explosive growth of online and mobile transactions. Cybercriminals are taking advantage of digital services and digital transactions to develop new frauds and schemes. Transactions are completed faster because customers and companies are pushing for faster settlements of transactions, and as a result of this, more transactions are happening digitally and faster than ever before.

In order to successfully manage this problem, firms should re-think their security skillsets, actively train their IT staff, educate their employees and invest in new solutions, using complex range of advanced technologies applied for proactive detection of sophisticated fraud schemes across web and mobile channels, in real-time, before the transaction occurs.

Join IDC and Kaspersky breakfast for high-level insights, solution guidance, and peer insights from actual case studies.

Topics:

  • Current trends of cybersecurity and financial fraud landscape
  • Impact of digital transformation, and the growth of online and mobile channels
  • Managing fraud prevention, including values and costs
  • Challenges for firms to improve fraud detection and prevention
  • Fraud detection and prevention approaches and programs
  • Ways of reducing reputational risks
  • The role of cognitive computing/AI in fraud prevention

Agenda

Time Event Speakers
09:30

Registration & Breakfast

10:00

Welcome Note

Árpád Tóth
Country Manager, Kaspersky Lab
10:05

Managing Fraud Through Technology

Jozsef Bakk
Research Analyst, Software, Central & Eastern Europe, IDC Hungary

Security has become a multifaceted issue because of the rise of cybersecurity threats and cyberfraud. As the diversity and volume of attacks have increased in the last couple of years, organizations should pay attention for all the aspects of their cyber defense. This IDC presentation is intended to give a snapshot about the key cybersecurity and cyberfraud trends , and about the options to manage them in the digital era.

10:25

The Relentless March of Technology Driven Innovation, and the Associated Fraud Risks

Tim Ayling
Global Head of Fraud Prevention Solutions, Kaspersky Lab

In this presentation, hear about the recent history and the future of technology and consumer patterns and drivers. This session explores the continued proliferation of social media, IoT and artificial intelligence and the implications of this technology. The huge rise in cybercrime and fraud highlights the challenges businesses face across all industries.
This session takes a look at what those challenges are, how we can react to them and what we can do better. It covers:

  • Changes in our digital lives and how this drives the consumer;
  • The value of data in today's world and the implications of this;
  • The current state of e-fraud
  • 10:55

    Coffee Break

    11:05

    Banking Customer Who Are Gaining Both Anti-fraud and Customer Experience Benefits From The Use of Kaspersky Fraud Prevention

    Tim Ayling
    Global Head of Fraud Prevention Solutions, Kaspersky Lab

    While the world struggles to deal with the impact of future concerns, there are present fraud-related issues that need dealing with. One such financial institution used Kaspersky Fraud Prevention to ease their fraud, while minimising the impact on their end-users. In this case study we address the pain points that this financial institution needed to address, and how Kaspersky Fraud Prevention played an integral role.

    We will understand how the customer journey was equally as important as driving down fraud, while reducing costs of authentication and managing fraud systems, and forensic capabilities, drove the choice of solution.

    11:25

    Open Discussion about The Anti-Fraud Trends, Solutions

    11:55

    Closing Remarks

    Árpád Tóth
    Country Manager, Kaspersky Lab

    Partners

    In Association with

    Location

    Spoon, the boat - Wintergarden
    1052 Budapest, Vigadó tér 3-as kikötő

    Contacts

    Szabolcs Uveges

    Senior Conference Manager

    +36 209 674 428

    About IDC

    54 Years | 1100 Analysts | 110 Countries

    International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company. To learn more about IDC, please visit www.idc.com.