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Stock impact report

Q&A: Mitek and why soaring fraud remains dangerous in financial services [Yahoo! Finance]

Mitek Systems, Inc. (MITK) 
Last mitek systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.miteksystems.com
Company Research Source: Yahoo! Finance
The Mitek Identity Intelligence Index 2024 , conducted in January 2024, sheds light on the evolving threat landscape facing financial institutions (FIs) worldwide and highlights the challenges they face in safeguarding people, their finances, and their data. The global survey, commissioned by Mitek and Censuswide, involved 1,500 financial services risk and innovation professionals across the UK, US, and Spain. Its purpose was to statistically validate concerns voiced by industry leaders and assist them in preparing for emerging threats. Key findings from the survey include: Diverse fraud threats challenge banks Financial services' risk and innovation leaders are grappling with a range of fraud types. The biggest threats reported include money laundering (25%), account takeover (23%), and forgeries (21%). However, the most pressing challenges cited by 37% of respondents are the rise of AI-generated fraud and deepfakes. Battle to keep up with evolving threats A significan Show less Read more
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