In the recent days, prevention of fraud is a very difficult task and banks should keep in mind some non-financial signals that might prevent a fraud. Fraudsters take advantage of the growing technology where a simple code interception can lead a criminal to hack a person's credentials. It is difficult to suspect any change in contact details as people change phone numbers very frequently and so the bank managers should put this down as a sign of potential threat. Bank managers should have the correct  solutions for these fraudulent actions happening. Fraud managers should have the latest fraud-preventing programs in order to receive the signals of a fraud before hand and can prevent it from causing severe damage. Read more at :

http://banking.com/analysis/non-financial-events-must-play-role-fraud-prevention-program/

Data is important in any business and customer relationship management (CRM) systems collect volumes of data, plan for the future, learn from the past, and is also a target for hackers. The most important reason that hackers are target CRM data is that it allows them to conduct fraudulent transactions. Phishing is another reason. Hackers target CRM data for the purpose of social engineering, also called masquerading. Jerri Ledford (Analyst with Studio B), writes in her article about why hackers want CRM data. To know more, follow: http://it.toolbox.com/blogs/insidecrm/3-reasons-hackers-want-your-crm-data-66053