Is there a silver bullet to stop cybercrime?

Abstract

While the benefits of the latest mobile devices, smart capabilities or automated processes can't be disputed, the need to be constantly vigilant goes hand-in-hand with them. This is especially true for businesses and banks, pressured by tech-savvy vendors and customers to adopt the latest payment methods. Fraud continues to be a top concern, and dealing with it is a constant battle. However, with the right mix of fraud controls and resources, there is a way to gain the advantage, says James Richardson of Bottomline Technologies. As we embark on the new decade, the growth of technological advancements and innovations continues to accelerate. Not surprisingly, the impact and influence that technology has on our personal and professional lives deepens and expands accordingly. But while the quantitative and qualitative benefits of the latest mobile device, smart capability or automated process can't be disputed, the need to be constantly vigilant goes hand-in-hand.