Customers: VTB 24 Moscow; Financial services, investments and audit Contractors: Technoserv, Dell EMC Product: RSA Transaction Monitoring and Adaptive AuthenticationProject date: 2016/01 - 2016/04
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On August 2, 2016 the Technoserv company announced end of an implementation project of a system of counteraction to fraud, joint with EMS, on the RSA Transaction Monitoring & Adaptive Authentication platform in VTB 24 bank.
Project Results
Questions of protection against cyberfraud and security at implementation of non-cash payments already for many years do not lose the sharpness and remain in focus of attention of any bank. VTB 24 was succeeded to make this break in the field of risk management and to create the system of protection of transactions answering to the last achievements of the payment industry. |
According to the Central Bank, in 2015 the volume of losses from cyberfraud was 1.14 billion rubles, and in 2016, by estimates of the regulator, losses from cyberfraud will be about 4 billion rubles. VTB 24 as bank with a large number of clients takes a pro-active position in this question. The bank implements a multi-layer modern system of an antifraud which uses data from all key information systems. A new system is constructed on the serious analytical platform integrated into the existing business processes of bank. |
Deep examination and extensive experience consulting commands EMS/RSA allowed in partnership with "Technoserv" to implement in bank VTB 24 the project unique for the Russian financial sector on a number of characteristics. Development of this project will significantly increase the level of security of card transactions of clients of bank. |
Development and ease of use of mobile devices for performing banking transactions and also wide circulation of payment cards led to the serious growth of cyberfraud in Russia and the world. EMS corporation and its division of information security of RSA, relying on extensive international experience, offers the banking sector end-to-end systems of protection of channels of remote customer service. The implemented project in VTB 24 is a good example. |
According to partners in the project, start in operation of a system will help bank to lower the amount of potential risk from fraudulent threats more than is tenfold.