Traditionally, clients have expected their money to be safe with us. Today, they are also concerned about their personal data. In an increasingly complex digital world, consumers and banks are vulnerable to data theft and cybercrime in all its guises: phishing, malware, viruses and hacking, to name a few. We monitor cybercrime threats 24/7 and adjust our defences as necessary to protect our clients’ money and data against security breaches.
*Decline in overall payment fraud losses.
The major banks in the Netherlands (including ABN AMRO) have agreed not to compete with one another in the area of fraud prevention, but rather to join forces to fight it. This means that individual banks do not publish their own payment transaction fraud losses. Instead, each major bank reports its payment transaction fraud figures to the Dutch Banking Association (NVB) and the NVB publishes the combined figures.