SQN's Summer 2011 Newsletter

While the industry buzz focuses on the new risks facing banks, like phishing, vishing, skimming, ACH/wire and other forms of electronic fraud, recent research reveals that crooks still rely heavily on traditional methods of fraud when attacking financial institutions.

Stan Jaslar, chief technology officer for SQN Banking Systems, cautions that while you protect your institution against the new threats, don’t lose sight of the “Fraudsters at the Gate” – the criminals looking to exploit your institution’s traditional, non-digital banking system.

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SQN's Spring 2011 Newsletter

According to Information Security Media Group´s latest survey; "The Faces of Fraud: Fighting Back", check fraud ranks as the second most frequent fraud experienced in financial institutions at 63 percent, while only 34 percent of banks say they are prepared to prevent it.

Stan Jaslar, Chief Technology Officer at SQN Banking Systems, discusses steps banks can take now to help close their risk window.

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SQN's Winter Newsletter 2011

The checking and payments industry is evolving. In a post-Check 21 era, and with 2011 upon us, the changing face of check processing will bring new challenges and opportunities to financial institutions and the checking industry as a whole.  Paper-check writing is expected to stabilize with billions of checks written into the future. Check fraud, however, is still alarmingly widespread and on the rise.

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SQN's Fall Newsletter 2010

Financial institutions continue to report that check fraud in branches is one of the most frequent security issues. According to a recent Business Data Breach Investigations Report - a collaboration between Verizon and the United States Secret Service - financial services is the most commonly breached industry, accounting for 85 percent of the 143 million records breached in 2009. Check fraud and transaction fraud is alarmingly widespread. The marriage of innovative technology and trained, informed employees is the best way to begin stopping fraudsters in their tracks...

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