The Total Cost of FraudIBM's Rob Rendell on How Financial Institutions Must Adopt a New Mindset in Fighting Fraud
Rob Rendell spent more than a decade in financial services. Now he has joined IBM Trusteer to help financial institutions fight fraud. How will his experience help his customers get their arms around the total cost of fraud?
In a video interview at RSA Conference 2018, Rendell discusses:
- How to calculate the total cost of fraud;
- Why this calculation requires a mindset change;
- His new role at IBM and how his past experience informs it.
Rendell is IBM's newly appointed global client success leader - financial fraud prevention and toolset development. He has extensive background in financial strategies that propel the business while mitigating credit risk and fraud exposure. This comprehensive background includes fraud investigation and prevention strategy as well as credit strategy development, execution, monitoring and control.