Across the globe, online criminals are focusing funds, time and resources to perpetrate fraud—and they are becoming more and more adept at this process. The result has been a dramatic increase in online fraud that targets consumers, enterprises and citizens. Every data breach or identity-theft case reported in the media erodes the public's confidence in the security of online financial transactions. This loss of confidence could jeopardize the ability of organizations to conduct transactions online.
- By Steve Neville
- May 01, 2009
IQinVision recently announced that Farmers & Merchants Bank of Central California, located in California’s great Central Valley is installing only IQeye cameras in all its bank branches.
Verint Systems Inc. recently announced that Delta Community Credit Union has implemented the Nextiva NetDVR II and MicroDVR II solutions from Verint Video Intelligence Solutions.
As new technologies and a struggling economy continue to fuel increased crime rates, a new relationship with San Francisco-based 3VR Security Inc. will provide customers of Diebold with expanded solutions for deterring crime.
GVI Security Solutions Inc., a provider of video security surveillance solutions featuring the complete Samsung Electronics line of products will provide a video surveillance solution including cameras, monitors and IP ready 16 channel video hubs, for the retail customer locations of a large specialty financial services company.
Skimming -- a way criminals use high-tech electronic tools to capture personal financial information and steal money from automated teller machine (ATM) customers -- is one of the financial industry's fastest-growing crimes, according to the U.S. Secret Service. Also, the worldwide ATM Industry Association (ATMIA) reports over $1 billion in annual global losses from credit card fraud and electronic crime associated with ATMs.