Your account holders entrust you with their personal and financial information. They also rely on you to protect it. Their identities and their wealth are more than just a name and number; they’re the foundation of who they are and the relationships that they’ve forged.
With the total number of identity crime victims at a record high, Financial Institutions (FIs) must be proactive to ensure that fraud and security incidents don’t rob them of account holder loyalty. Criminals can easily manipulate financial, medical, government, criminal, and even employment records. This sheer breadth of misuse makes identity crimes hard to detect, and even harder to repair without the right resources.
Here are just a few of the hard facts about consumers that FIs need to be aware of:
- One in three data breach victims go on to suffer an identity theft or fraud incident
- Nearly 80 percent of identity theft victims suffer increased stress levels
- Account holders’ bank account info sells on the Dark Web for $300 per record
As a result of the challenges facing today’s FIs, EZShield has reimagined its annual eBook on the topic, now in its third edition, and written this critical resource to further address how to best protect account holders in 2019. In the age of mega data breaches, social media hacks, phishing emails, and of course, the Dark Web, FIs need to know exactly what they and their account holders are facing and how to significantly reduce their vulnerabilities.
Become Your Account Holders Identity Steward: Free eBook Download
The time to evaluate post-fraud protocols and further improve account holder experience is now.
Download our 3rd Annual eBook to gain actionable insights around:
- Latest Scam Awareness | The schemes and cyber threats to watch for in 2019.
- Fraud’s Impact on Behavior | How customers’ attitudes and behaviors towards their financial institutions change, and not for the better.
- Deepening Customer Relationships | How to reduce the emotional toll of identity theft on your account holders and boost customer retention.