convenience: fraud - rsa.com · around the world. mobile: do they put it first? mobile is the...

Ask providers about: How their solutions address critical regulatory requirements for strong authentication The impact of forthcoming regulation on their solutions Their ability to influence the development of regulations and standards in line with your business strategy 5 68 % 83 % 2012 2016 60 % 79 % 93 % KEY QUESTIONS TO ASK WHEN CHOOSING A CONSUMER AUTHENTICATION PARTNER CHOICE: DO THEY OFFER ENOUGH? Consumers expect choice when it comes to authentication. Payment authentication choices CONVENIENCE: CAN THEY SIMPLIFY THE CONSUMER EXPERIENCE? Consumers want to know they’re secure, but don’t want to jump through unnecessary hoops or be slowed down by authentication processes. REGULATORY: HOW WELL DO THEY COMPLY? To protect your customers and your brand, your authentication solution must be up to speed with today’s regulatory requirements, and ready for tomorrow. FRAUD DETECTION: HOW ADVANCED ARE THEIR CAPABILITIES? Fraud levels are on the rise around the world. MOBILE: DO THEY PUT IT FIRST? Mobile is the fastest-growing online shopping and payment channel, and the #1 target for fraud. Ask providers: How far their authentication solutions support consumer choice What new developments are in the pipeline want to use biometrics¹ want more biometric choices² want to be involved in how their data and accounts are protected³ ? ? 1 Survey by VISA on Biometrics Payment in Europe, July 2016 2 The Retail Banking Biometrics Confidence Report (US), May 2017 3 RSA’s 2017 Consumer Cybersecurity Confidence Index 4 MasterCard, Emotions of Safety and Security Survey (US), 2015 5 Aite Group, 3-D Secure: The Force for CNP Fraud Prevention Awakens, 2016 6 https://haveibeenpwned.com/ 7 RSA 2017 Global Fraud Forecast 8 RSA Anti-Fraud Command Center 9 RSA Anti-Fraud Command Center To combat rising levels of fraud and give consumers the best experience of your online services and apps, you need to select the right authentication partner. Here are 5 key things to ask providers about their authentication solutions. www.rsa.com/fraudprevention +1 800 995 5095 @RSAFraud are excited about new payment technologies that help protect their financial information 4 ? ? ? Ask providers about authentication solutions that: Use smarter technologies, such as biometrics and adaptive authentication Are harmonized across mobile, web and other channels Ask providers about their: Fraud detection rates across various rates of intervention Fraud detection rates across channels Average false positive and false negative rates originates from mobile devices 7 of Expected card-not- present fraud $ 7 bn by 2020 in the US alone 5 >4bn account credentials compromised in 2016 6 Ask providers about their ability to: Authenticate users across multiple channels Provide authentication choice for mobile users Secure against common mobile threats ? ? ? ? ? ? Mobile as % of ecommerce traffic 8 Ecommerce vs mcommerce fraud (2016) 9 46 % 17 % TODAY TOMORROW 45 % v 55 % ? ?

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Page 1: CONVENIENCE: FRAUD - RSA.com · around the world. MOBILE: DO THEY PUT IT FIRST? Mobile is the fastest-growing online . shopping and payment channel, and the #1 target for fraud. Ask

Ask providers about:

How their solutions address critical regulatory requirements for strong authentication

The impact of forthcoming regulation on their solutions

Their ability to influence the development of regulations and standards in line with your business strategy

68%

83%

2012 2016

60%79%

93%

KEY QUESTIONS TO ASK WHEN CHOOSING A CONSUMER AUTHENTICATION PARTNER

CHOICE:DO THEY OFFER ENOUGH?

Consumers expect choice when it comes to authentication.

Payment authentication choices

CONVENIENCE: CAN THEY SIMPLIFY THE CONSUMER EXPERIENCE?

Consumers want to know they’re secure, but don’t want to jump through unnecessary hoops or be slowed down by authentication processes.

REGULATORY:HOW WELL DO THEY COMPLY?

To protect your customers and your brand, your authentication solution must be up to speed with today’s regulatory requirements, and ready for tomorrow.

FRAUD DETECTION: HOW ADVANCED ARE THEIR CAPABILITIES?

Fraud levels are on the rise around the world.

MOBILE: DO THEY PUT IT FIRST?

Mobile is the fastest-growing online shopping and payment channel, and the #1 target for fraud.

Ask providers:

How far their authentication solutions support consumer choice

What new developments are in the pipeline

want to use biometrics¹

want more biometric choices²

want to be involved in how their data and accounts are protected³

1 Survey by VISA on Biometrics Payment in Europe, July 20162 The Retail Banking Biometrics Confidence Report (US), May 20173 RSA’s 2017 Consumer Cybersecurity Confidence Index

4 MasterCard, Emotions of Safety and Security Survey (US), 20155 Aite Group, 3-D Secure: The Force for CNP Fraud Prevention Awakens, 20166 https://haveibeenpwned.com/

7 RSA 2017 Global Fraud Forecast8 RSA Anti-Fraud Command Center9 RSA Anti-Fraud Command Center

To combat rising levels of fraud and give consumers the best experience of your online services and apps, you need to select the right authentication partner.

Here are 5 key things to ask providers about their authentication solutions.

www.rsa.com/fraudprevention

+1 800 995 5095

@RSAFraud

are excited about new payment technologies that help protect their financial information4

Ask providers about authentication solutions that:

Use smarter technologies, such as biometrics and adaptive authentication

Are harmonized across mobile, web and other channels

Ask providers about their:

Fraud detection rates across various rates of intervention

Fraud detection rates across channels

Average false positive and false negative rates