Financial cybercrime and fraud via @McKinsey provides an overview of the #cybersecurity threats that financial institutions face today – and one can easily extrapolate to other industries such as r…

Institutions are crossing functional boundaries to enable collaborative resistance against financial cybercrime and fraud.

Sourced through Scoop.it from: www.mckinsey.com

WHY IT MATTERS: an excellent article that explains the different cybercrime use cases and attacks that banks are faced with, along with estimates of costs. Next article I’m looking for is one on the solutions banks can put forward to handle those crimes: blockchain? biometric authentication? …

Farid Mheir
farid@mheir.com