data breach

The Equifax breach – a watershed moment for behavioral analytics & machine learning?

Fraudsters are likely now in possession of sensitive personal information and are figuring out ways to exploit this through many means including opening new accounts, taking out loans, filing returns among other damaging actions. The heads of fraud operations at financial institutions (FIs) and corporations are at the focal point of this fluid situation as they’re now expected to raise their defenses to protect the interests of their customers

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