Prioritizing Security Without Sacrificing Customer Experience: A win-win for everyone

Prioritizing Security Without Sacrificing Customer Experience: A win-win for everyone

In this age of digital transformation, companies that support web or app-based customer accounts are vulnerable to fraud from fake accounts or unauthorized account sharing. According to IBM’s 2022 Cost of a Data Breach report, the average data breach in the U.S. costs $9.4 million, while the global cost average is $4.3 million.

In this study, Telesign and Futurum provide actionable insights for Product, Technology, and Fraud Prevention leaders to avoid becoming a statistic by:

  • Overcoming the most significant challenges organizations face to prevent fraud, retain customer account security, and protect brand reputation;
  • Balancing friction with security, and fostering customer trust with a safe and seamless UX;
  • Leveraging scalable and global solutions to secure new customer onboarding, prevent account takeover, and mitigate the costs associated with fraud and prevention;
  • Gleaning information from Fiverr’s experience turning to Telesign to deploy various account security solutions like phone verification and two factor authentication;



Around the Network

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.com, you agree to our use of cookies.