Silicon Valley Bank - Fraud Prevention

Online Seminar: Are You at Risk: How You Can Protect Your Company From Business Account Fraud

Tim Toller — Fri, 17 Feb 2012 23:24:18 GMT

Tim Toller

presentation, Tim Toller and Jason Kobus, senior online channel managers at Silicon Valley Bank, will outline a few essential preventative steps that can help protect online accounts and prevent transactional fraud. Read More

Online Seminar: How You Can Protect Your Company From Business Account Fraud

Tim Toller — Mon, 09 May 2011 15:00:00 GMT

Tim Toller

We've all heard about the threat that fraud activity places on business. As fraud continues to become more sophisticated, it's more important than ever to stay informed. In this free online seminar, we cover the scope of the problem, examine specific attacks and the recommended strategies to protect your company against online banking and transactional fraud. Read More

Protecting Your Company from ACH Fraud

Sat, 11 Dec 2010 18:40:00 GMT

The use of the Automated Clearing House (ACH) payments is an excellent model for effective, efficient and low cost disbursements and collections. Read More

New Report Indicates that Cyber Attacks are Focused on Two Key Vulnerabilities

Tue, 21 Sep 2010 17:45:00 GMT

According to a new report, "The Top Cyber Security Risks", jointly issued by security vendors TippingPoint and Qualys, as well as the Internet Storm Center and SANS Institute, more than half of current cyber attacks against businesses and government agencies are focused on two common vulnerabilities. Read More

Online Seminar - What You Can Do To Prevent Business Account Fraud - PART II: Strategies and Tools

Tim Toller — Fri, 27 Aug 2010 18:25:00 GMT

Tim Toller

We've all heard about the threat that fraud activity places on business. As fraud continues to become more sophisticated, it's more important than ever to stay informed. In this free Web seminar replay, we cover the recommended strategies to protect your company against online banking and transactional fraud. Read More

Knowledge is Power

Wed, 23 Jun 2010 21:00:00 GMT

Knowledge-based authentication — using personal information from databases instead of predetermined security questions — is supposed to be more resistant to phishing. In response, fraudsters have turned their phishing efforts to the databases themselves. Unlike the security questions users choose when they enroll, KBA questions do not ask them to name their favorite movie or high school mascot. "These are those questions where you have to scratch your head and jog your memory, i.e., what was that first car you drove, what year was your mother in fact born [she didn't like to talk about it]," and so on, Avivah Litan, a vice president and distinguished analyst at the Stamford, Conn., market research company Gartner Inc., wrote on her blog June 17. Since these questions are not known to the user ahead of time, they are supposedly more difficult for bad guys to predict. But in ... Read More

Protecting Your Company from Automated Clearing House Fraud

Linda Coven, Silicon Valley Bank — Thu, 14 Jan 2010 19:56:35 GMT

The use of the Automated Clearing House (ACH) payments is an excellent model for effective, efficient and low cost disbursements and collections. ACH adoption continues to grow as an increasing number of companies find more ways to incorporate the use of these payments into their cash flows. The overwhelming use remains direct deposit of payroll, although with the growing acceptance of bill pay services and the convergence of check with ACH, companies are finding that they are the recipients of ACH collections in greater numbers than ever before. ACH serves as an effective disbursement tool for employee reimbursements, vendor payments, tax payments and child support. On the collection side, automatic debit programs with customers for payment of subscriptions, dues and memberships have long been shown to be efficient and highly cost-effective. Read More

Top Online Banking Security Tips

Silicon Valley Bank — Thu, 14 Jan 2010 19:51:01 GMT

Online banking creates great efficiencies. But just as in the physical world, there are people who attempt to exploit systems for gain. The greatest vulnerabilities in electronic banking tend to occur within banking client systems—and often can be countered through simple steps. Some of our top tips follow. Read More