Banking on Cloud Security

“Better, cheaper, faster.” These are the results that banking institutions can receive by shifting security to the cloud, says David Vergara of OneSpan. At a time when multi-channel fraud is surging and the customer experience is paramount, cloud needs serious consideration, he says.

“Cloud technology by itself is not addressing these issues directly,” says Vergara, who is Senior Director of Product Marketing. “It’s really the speed and, I think, the flexibility and simplicity that cloud enables in providing a mechanism to add new technologies to address fraud, and the fact is: Cloud platforms are just exceptionally well suited to integrate these technologies and make them available very quickly to banks.”

In an interview on shifting security to the cloud, Vergara discusses:

  • Multi-channel fraud trends;
  • How the cloud enables “better, cheaper, faster;”
  • The cloud roadmap and how to measure one’s progress.

Vergara is Senior Director of Product Marketing at OneSpan and has over 10 years of experience in the software security space. Prior to OneSpan, he was VP Marketing for Accertify (An American Express Company) leading go-to-market strategy for their online fraud detection solution and he was Sr. Director Product Marketing at IBM with Product Marketing responsibility for the advanced and predictive analytics portfolio.

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