Case Study: Landsbankinn achieves improved fraud detection and major online banking growth with RSA Security

Landsbankinn Detects More Fraud, Grows Online Banking With The Rsa Fraud And Risk Intelligence Portfolio

Landsbankinn, Iceland’s leading financial institution serving over 40% of the population, needed to improve online-banking security and reduce fraud without degrading user experience. The bank faced the dual challenge of detecting sophisticated attacks across many access points while keeping login and transaction flows fast and convenient for customers.

Landsbankinn deployed RSA Adaptive Authentication, RSA Web Threat Detection, RSA FraudAction Services and joined the RSA eFraudNetwork to centralize threat intelligence and build custom customer rules and analytics. The integrated solution enabled faster, risk-based authentication and proactive fraud prevention, helping the bank grow its customer base by about 20%, boost mobile users by 60%, increase online usage by 40% and raise market share by over ten percentage points.

Landsbankinn

Gudmundur Ingvarsson

Cyber Security Officer