The Rippleshot Data Breach Blog

Webinar: COVID-19 Impact on Fraud at Financial Institutions

Written by Anna Kragie | Apr 21, 2020 3:50:33 PM

As banks and credit unions grapple with the impact of COVID-19 on their operations, the pandemic disruption is creating new opportunities for fraudsters and additional challenges for financial institutions. During these difficult and rapidly-evolving times, Rippleshot will make available its analysis based on its consortium data of thousands of financial institutions across the U.S.

Rippleshot’s CEO Canh Tran and Chief Data Scientist Randal Cox will share their research on the economic impacts of COVID-19 across the U.S., the evolving fraud trends, and mitigation strategies for your financial institution during a webinar on Wednesday, April 29 at 2pm EST.

The webinar will address:

  • The fallout during past pandemics and economic shocks and the current economic impact across the U.S.
  • The significant risks to your financial institution, including broad expectations of decreases in transaction volumes over the near term.
  • How fraud has increased in frequency and volatility during a period where operations have not kept pace with increased risk.
  • Our predictions and mitigation strategies to respond this year to the growing fraud trends.