In this episode of Behind Enemy Lines: Conversations with Fraud Fighters, host Mike LaFleur sits down with Aaron Frye, Founder and CEO at Lucid Point Consulting. They explore why so many financial institutions end up with decentralized fraud teams—and the real risks that come with silos, gaps in communication, and inconsistent approaches across departments. Aaron shares how decentralization can open cracks that fraudsters exploit. He points out the hidden costs of duplicated vendors, the conf...
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In this episode of Behind Enemy Lines: Conversations with Fraud Fighters, host Mike LaFleur sits down with Aaron Frye, Founder and CEO at Lucid Point Consulting. They explore why so many financial institutions end up with decentralized fraud teams—and the real risks that come with silos, gaps in communication, and inconsistent approaches across departments. Aaron shares how decentralization can open cracks that fraudsters exploit. He points out the hidden costs of duplicated vendors, the conf...
Battling Account Takeovers and ID Theft with John Fick, Head of Fraud at Northwest Bank
Behind Enemy Lines
34 minutes
10 months ago
Battling Account Takeovers and ID Theft with John Fick, Head of Fraud at Northwest Bank
In this episode of Behind Enemy Lines, host Mike LaFleur sits down with John Fick, Corporate Vice President and Head of Fraud at Northwest Bank, to dive deep into the ever-evolving world of account takeovers. John breaks down how fraudsters exploit stolen credentials, social engineering, and hybrid attacks to infiltrate online banking systems and drain accounts. He explains why account takeover has become so prevalent, with nearly $13 billion in losses across North America alone. John highlig...
Behind Enemy Lines
In this episode of Behind Enemy Lines: Conversations with Fraud Fighters, host Mike LaFleur sits down with Aaron Frye, Founder and CEO at Lucid Point Consulting. They explore why so many financial institutions end up with decentralized fraud teams—and the real risks that come with silos, gaps in communication, and inconsistent approaches across departments. Aaron shares how decentralization can open cracks that fraudsters exploit. He points out the hidden costs of duplicated vendors, the conf...