As this graphic from TowerGroup and the CERT Coordination Centershows, general security threats online have escalated quickly.Additionally, the Internet Crime Complaint Center (IC3) says itprocessed more than 120,000 complaints in 2003 (up from 48,252 in2002). The Federal Trade Commission also has recorded a steepincrease in Internet-related fraud, with 166,617 consumer fraudreports in 2003 (up from 110,288 in 2002). The inset of Exhibit 1shows how financial institutions are raising their level ofsecurity to guard against increasingly sophisticated threats.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.