Early Fraud Detection Through Advanced Analytics
The SiteTrust Fraud Detection Module is completely integrated risk analysis solution that provides companies with the tools to recognize where existing and new threat vectors are or will occur. SiteTrust Fraud Detection monitors activities from authentication through transactions to logout with superior in-session activity modeling, granular risk scoring and advanced behavioral-based analyses capabilities. It provides the earliest possible detection, reduces false positives and offers greater behavior history all without the overhead of writing and maintaining complex rules.
The Fraud Detection Solution includes:
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Real time fraudulent activity detection and alerting - Utilize adjustable thresholds to pinpoint suspicious activity when defining risk alerts. Correlate activities across accounts to detect coordinated attacks at the reconnaissance phase and define its online source. Optimize time and effort by focusing anti-fraud efforts against a risk based threat vector analysis.
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Threat Vector Risk Assessments and Risk Mitigation - Customer machine device fingerprinting and reports risk profiles helping enforce established customer service agreements without impeding on privacy. Online businesses can then choose to provide different levels of guarantees, limit services, or modify processes based on the risk posed by a customer environment
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Customer activity risk analysis - Combine customer machine risk scores with detailed account histories and customer activities and transactions in order to determine risk assessment scores. Gain visibility to the overall risk posed by a customer who conducts transactions across a variety of computers. Dynamic statistical modeling enables the system to adjust for individual account holder’s behavior across their entire session history, recognizing that every customer behaves differently and what might be unusual activity for one customer may be normal activity for another.
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Risk Mitigation Control Effectiveness - Measure and report on the effectiveness of fraud controls trended over time increasing the organization understands of the effectiveness of different security layers and processes.
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Fraud investigation & forensics management - Investigation tools return session-specific context and detailed customer history to aid forensic investigations. Case management tools allow investigators to track any incident, manage related workflows, and analyze fraud case histories on an individual or aggregate basis.
Because the SiteTrust Platform protects the entire transaction from consumer machine all the way to the Web application server, SiteTrust Fraud Detection has unique visibility across all transaction related activities. This visibility translates into a consistent and integrated flow of information that can be analyzed in ways never before available and enables accurate consumer machine risk assessment, advanced risk modeling for more effective risk mitigation and fraud to risk correlation that creates unprecedented awareness of existing and potential fraud threat vectors all without requiring any changes to the web applications it is protecting.