Financial innovation, driven by PSD2 and Open Banking will create new and exciting opportunities for customers. It also creates unknown opportunities for criminal activity. It’s a new world, a new reality, and a new paradigm. Protection against Open Crime needs to be built in by design. What does this mean? It means that risk monitoring should be a key component of the design, construction and integration of systems. Simply because we don’t yet know the nature of the attacks that are coming and in what state you can counter them.
In this paper, Belleron and Fiorano looks at the topic of Open Crime from a broad perspective while discussing questions such as:
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