Not that long ago, banks believed that if they put up a firewall and installed anti-malware programs they would be protected from cybercrime. Clearly that is no longer the case. Cybercriminals have become far more sophisticated, and the threats have increased and become harder to detect.
By adopting more sophisticated protection, banks and credit unions can gain the upper hand. Instead of a “moat,” what’s required now is a multilayer approach to cybersecurity. A white paper from digital-banking-platform-provider Q2 identifies five layers of proactive security defense and discusses how these essential layers can keep account holders secure.
The 5 essential layers of proactive security defense, as described in a Q2 white paper:
1. Authentication controls
2. Transactional-based controls
3. Behavioral-based controls
4. Account activity controls
5. Endpoint-centric controls
Additional steps and information are also covered in the white paper.
Download to read Multilayer Security—Because a Moat is Not Enough
This white paper is brought to you by: Q2