Protect Customer Identities and Reduce Security Risk
Financial institutions face a growing range of fraud and cybersecurity threats, from account takeover and identity fraud to scams and data breaches. Javelin helps organizations identify emerging risks, evaluate evolving attack methods, and develop strategies to protect customer accounts, identities, and data. Our research also provides guidance on fraud prevention, cybersecurity best practices, customer education, and building trust in an increasingly complex threat landscape.
Recent Fraud Management and Cybersecurity Research
Reports
The Black Swan, The Vicious Cycle, and the Crisis in Cyber Insurance
The disruption caused by the Colonial Pipeline ransomware attack thrust the ransomware epidemic into the national spotlight. Policymakers, executives and consumers may be scrambling to understand how something like this could happen, but those i...
The Weakest Link: Changing Consumers’ Cybersecurity Behaviors
Cybersecurity awareness training and education have finally reached a tipping point and have proved, over the long haul, to be successful. Anti-phishing campaigns have taken time to resonate, but the success of phishing campaigns has declined as...
Exposing the Risks of Remote Deposit Capture
With the passage of the Check Clearing for the 21st Century Act (Check 21), enacted in 2003 , financial institutions began accepting electronic check images from depositing consumers, and there was no looking back. Remote deposit capture (RDC) t...
2021 Identity Fraud Study: Shifting Angles
As criminals focus intently on consumers as the path of least resistance in their quest to steal personal information, their tactics have diverged into two entirely distinctive identity fraud categories that drove consumer losses to $56 billi...
SolarWinds Shines Light on Emerging APT Risks
The recovery process from December’s SolarWinds attack is just beginning. Financial institutions got off easy this time, but now must take immediate action to mitigate insecurity from this attack and strengthen their security posture in anticipa...
‘American Rescue Plan’ Relief and Renewed Fraud Opportunities
Consumers remain a target for cybercriminals as a third stimulus bill is passed into law. Preventing unemployment benefit scams and Economic Impact Payment check fraud should be a priority for financial services. Financial institutions have an o...
Rising Cyber Awareness Is Changing Consumer Privacy Profiles
Consumer awareness surrounding how organizations collect and use personal information is rising. This rising awareness has caused substantial shifts in consumer banking behaviors. Financial institutions have an opportunity to leverage consumers’...
2021 Financial Industry Trends: Financial Fraud
Join John Buzzard, Lead Analyst, Fraud & Security as he walks you through Javelin’s predictions for the Financial Fraud Industry.
Ethics in Behavioral Biometrics
Consumers do not fear behavioral biometrics, but they do expect transparency. Behavioral biometrics has the potential to be an ethically sound authentication technique–and one that consumers embrace.
Rethinking Disaster Recovery
This report reviews the challenges that financial services companies experience from a technological and organizational point of view, with an emphasis on recommendations to minimize the adverse impacts of restoring normal business continuity af...