Fighting Fraud in the Middle East and Africa
Reducing fraud is one of the most challenging aspects of the modern financial ecosystem, especially in times of crisis. When the world goes through a period of instability or rapid change, as it is today, cybercriminals are ready and waiting to exploit uncertainty and find gaps in normally hard-edged security frameworks.
The COVID-19 pandemic also led to extraordinary working conditions. Staff have had to stay away from their secure office environments and work remotely, mostly from their own homes.
Organisations have had to adapt front and back office processes to ensure business continuity, potentially accepting additional security risks.
This webinar will provide insights into the tactics, techniques and procedures of fraudsters, operating in Africa, the Middle East and beyond. We will look at how banks are responding to these attacks, investing in new measures to prevent them and educating their customers and workforce to identify them. We will also look at why collaboration matters across the industry, and how financial institutions and regulators can work together to combat the ever growing cyber threat.