Companies with decentralized payment environments, distributed bank account structures, excessive numbers of bank accounts and complex bank connectivity models are most exposed to cyber security breaches and payment fraud, according to PwC.

There was a 20% increase in the number of companies targeted by fraud attempts, according to the 2016 Kyriba and ACT survey, while according to PwC’s 2016 Global State of Information Security Survey - businesses saw a 38% increase in detected security incidents in 2015. Yet, still many companies are not putting sufficient prevention measures in place to minimize an attempted attack. Playback this webinar to hear more from PwC and Kyriba on how you should be reviewing all payment and bank statement processes, and technology to optimize fraud prevention.

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