Tim Ayling is the global head of fraud prevention solutions at Kaspersky Lab. Ayling discusses why organizations are prioritizing frictionless transactions over fraud prevention. Retail sector, followed by telecommunications and financial services, see the highest levels of fraud, he says. Some pre-existing approaches to security – tokens, SMS – are increasingly getting in the way of transactions and must be discarded, Ayling says. He also discusses the move toward risk-based fraud prevention, both by industry and regulators.”]
Source: https://www.cuinfosecurity.com/priority-frictionless-transactions-over-fraud-prevention-a-11663