Case Study
Banco Pichincha Fights Banking Fraud
BANCO PICHINCHA FIGHTS BANKING FRAUDpichincha.com BANCO PICHINCHA IS ONE OF THE LARGEST BANKS IN ECUADOR WITH 3.1 MILLION CUSTOMERS. In 2014 it was recognised as one of the ‘best banks in emerging markets in Latin America’ by global finance, ‘bank of the year’ by latin finance, and received the award for excellence by Euromoney. Now operating 297 branches and 916 Automated Teller Machines (ATMs) in Ecuador alone, and employing more than 6,000 people, Banco Pichincha has expanded its operations into Peru, Colombia and Panama. Banco Pichincha works hard to protect its own organisation and its customers – from individual citizens to large corporations – against malicious attacks on IT systems and infrastructure. But cyber criminals and fraudsters are particularly active in