Boston, October 17, 2017 – Combating financial fraud can often feel like a lopsided game of chess in which the cybercriminals get two moves for every one move the good guys make. But financial institutions and merchants have access to an X-factor that can help to even the odds—consumers. But what can the defenders do if consumers opt for convenience over security?
This report, sponsored by Visa, seeks to understand the extent to which consumers are engaging in actual behaviors to help protect their identity and their financial security. It is based on an Aite Group survey of 2,842 consumers in seven countries: Australia, Brazil, Canada, India, South Africa, the United States, and the United Kingdom. It is the second report in this annual series—find the first here.
This 32-page Impact Report contains 26 figures. Clients of Aite Group’s Fraud & AML service can download this report, the corresponding charts, and the Executive Impact Deck.