Nearly 90% of respondents to a recent TD Bank survey believe payments fraud will become a bigger threat to the financial services sector over the next two- to three years. One in five respondents say their companies currently conduct electronic payments. Nearly 49% believe real-time payment processing is critical for their business. Nearly 60% want banking partners to help protect financial and data assets from theft by cybercriminals in the coming year. The faster payments move, the riskier they become, experts say.”]
Source: https://www.darkreading.com/attacks-breaches/financial-industry-anticipates-payment-fraud-spike