In 2011, banks will have to move beyond mere two-factor authentication if they expect to curb fraud. The Federal Bureau of Investigation estimates 205 separate businesses have reported incidents of corporate account takeovers since 2004. The recent breach of payment card data at City Sights NY highlights security gaps in data protection, experts say. Experts say banks and credit unions can access the right technology to thwart those attacks, but many are not making the right investments. 2011 will prove to be a year of interesting investments and directions.”]
Source: https://www.cuinfosecurity.com/blogs/2011s-answers-to-fraud-p-833