How AI Is Improving Omnichannel CyberSecurity In 2020

  • “Javelin Strategy and Research report published this month, Protecting Digital Innovation: Emerging Fraud and Attack Vectors.

A copy of the report can be downloaded here

  • The survey’s results are noteworthy because they reflect how AI and machine learning-based fraud prevention techniques are helping retailers, financial services, insurance and restaurants to reduce false positives that in turn reduces friction for their customers.
  • Retailers, financial institutions, restaurants and insurance companies need to invest in fraud mitigation at the same rate as new product innovation, with retail and banking leading the way.
  • Using AI-based scoring techniques to detect stolen credit card data being used online or in mobile apps dominates financial institutions’ priorities today.”

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