Anomaly Detection in Action – FraudMAP Demonstration

See first hand how FraudMAP detects online banking fraud. 

We’ve spent years building the most advanced, most sophisticated behavior-based online fraud detection solution in the industry. But to really appreciate what it does, you have to see it.

This presentation starts with an overview of why improved fraud prevention strategies are needed, and then shows a demonstration of how FraudMAP detects suspicious activities and anomalous transactions, even in the face of a Man-in-the-Browser attack.

You will see the depth of FraudMAP’s behavioral analytics, how FraudMAP presents an account holder’s complete history, and exactly what a criminal is doing in the online account. You’ll also see how an actual fraud attack unfolds in FraudMAP.

Introduction - Content includes:

  • Threats to online banking from malware as well as phishing/vishing/smishing schemes

  • How behavioral analytics detects fraud at the individual account holder level

  • FFIEC Guidance summary and minimum expectations for layered security

Demonstration - Uses retail and commercial banking examples to show:

  • FraudMAP dashboard

  • Alerts

  • Elements of specific sessions that are resulting in alerts

  • A review of account history for an individual account holder

  • How FraudMAP includes prior sessions and activities in calculation of risk scores

  • A Man-In-the-Browser attack and how it was recognized

  • How FraudMAP facilitates investigations by providing full detail about each session and account holder

The presentation will include up to 15 minutes for questions.

To watch this demo, please complete the registration form to the right and click Submit.

Next Demonstration:

Date: Thursday, May 17, 2012

Time: 10:00am Pacific Time / 1:00pm Eastern Time

Duration: 30 minutes plus time for Q&A