Digital Fraud Solutions

Our digital fraud solutions are focused on fusing together components of Cyber Fusion Centers and fraud operations to combat digital fraud, cybercrime, and online fraudulent activity. This fraudulent activity often takes place by exploiting customer and proprietary data, and defeating existing online fraud prevention and detection controls. 

• 67% of organizations across industries experienced an increase in fraud since 2016¹
• Up to 43% of monthly transactions involves a fraudulent attack²
• The cost of fraud is more than roughly 21⁄2 times the actual loss itself ²
• High false positive rates can cause customer friction, leading to loss of sales or customer loyalty³

¹ Fifth Annual Fraud Report –IDology
² Lexis Nexis Risk Solutions 2017
³ CyberSource 2017 Fraud Benchmark Report 

Our Solutions Provide:

• Faster Detection and Response Times
  Fraud operation and cybersecurity teams will have access to real-time omni channel data that will provide alert detection uplift and help speed up the decision process to prevent or contain fraudulent activity
  
  
• Enhanced Leadership Awareness
  Leadership team will have improved awareness of cyber and fraud activities, threats, and trends, which will shape both security center and fraud operation strategies that will drive investments.
  
  
• Increased Organizational Awareness
  Cybersecurity and fraud teams will benefit from sharing data and alerts that will result in reduced false positives and the ability to automate and orchestrate parts of the detection and response process.
  
  
• Improved Client Experience
  Teams will have the ability to build better client profiles across multiple channels and there will be higher confidence in true customer-initiated transactions and suspected suspicious activity.