Ecommerce decision makers will need to secure their websites against an array of sophisticated attacks such as SQL and DDoS. On the other hand, implementing too many rules can ruin the already established highly enjoyable end user experience and the site could lose out on legitimate shoppers.
Cyber criminals are getting to be far more ingenious. In a dissertation at a recent security conference, experts described how these criminals are making use of wireless devices and mobile applications to extract card data and how malware is being planted at POS terminals to collect data before it gets encrypted. They cautioned that the next medium for these criminals could be the social media. But the fact is that even the most technology savvy enterprises in the world are not in battle gear to contain these criminals.
Decisions are an integral part of any business. In banking, they play an important role too. Right from risk management and regulatory compliance to customer programs and cross-sell strategy; decisions play a crucial role in all walks.