Scott Dueweke: Financial services industry is not collaborating effectively to address online payment risks. Organized crime has developed an incredible array of relationships and tools to steal information online, he says. Money laundering is an increasing concern in account takeover incidents, he adds. He says emerging payments, such as mobile, are compounding payments risks. “There’s a huge opportunity for collaboration, but it hasn’t even started,” he says in an interview with Information Security Media Group [transcript below]”]
Source: https://www.cuinfosecurity.com/combating-online-payment-risks-a-6307