Account takeover detection
Account Takeover is currently one of the most widespread threats businesses face. It is almost impossible to control the way users treat their credentials.
Moreover, even the most security-conscious ones can have their data stolen through a data breach, malware, phishing, social engineering attack and others. And it doesn’t matter what channel your client uses: both online and mobile are at risk.
Kaspersky Fraud Prevention helps you learn more about your clients, providing you with valuable data and knowledge allowing you to see the anomalies and suspicious behavior inherent to Account Takeover before fraud has even been committed.
Fraud is evolving and nowadays it looks more like organized crime with international and cross-functional teams involved.
It means that criminals take advantage of cooperation and communication to find the weakest spots in security systems of businesses and attack them. Kaspersky Fraud Prevention applies combination of years of experience in dealing with real fraud cases and the cutting-edge technologies to have more than just data.
We provide you with the knowledge of what is happening, how fraudsters behave, which schemes they use and how to catch them when it’s not the activity, but the signs of fraudulent intentions.
Money laundering detection
Money laundering is a serious problem for governments all over the world. As well as impacting national security, it helps fund organized crime (drugs, terrorism, etc.), weakens economies by facilitating corruption, and increases social divisions as a result
of tax evasion.
Money laundering conducted through the online services and mobile apps of unsuspecting financial organizations can affect a country’s economic and political stability, ruin its reputation and even put lives at risk.
For many money laundering and tax evasion scenarios, groups of organizations are victims and money is transferred between them to make detection even more difficult.
Kaspersky Fraud Prevention provides you with powerful tools for timely cross-channel detection of money laundering and related activities.
New account fraud and good user verification
Do I know the user trying to log in? Is this a real person or a bot? How can I make digital authentication smooth and seamless? This is where businesses are usually faced with a choice: increase security or simplify authentication steps?
Too many security steps and questions lead to an inferior customer experience and may result in the customer considering your competitor’s offering. Kaspersky Fraud Prevention allows you to understand the digital identities of your clients and allows them to use your services without unnecessary authentication steps.
To protect your organization from New Account fraud, Kaspersky Fraud Prevention applies core technologies like behavioral biometrics and analysis, as well device and environment analysis, to build patterns of good and bad behavior. The solution is able to identify accounts specially created to commit fraud: steal miles, generate bonus points and bring inflict harm to business.
Useful Resources are made to give your more information on what we do
News & Updates
Latest news in the field of fighting online fraud
Delivery payment fraud
Scammers are taking advantage of the situation to solicit random people with e-mail messages asking them to pay a small extra amount, typically just a few bucks, to complete a delivery. The message makes it impossible to identify the parcel; the scammers are clearly counting on people to be overwhelmed or absent-minded, in a rush
Regulating cryptocurrency needn’t kill the Bitcoin buzz
There are more cryptocurrency users worldwide than people living in Canada. As of mid-2020, there were 40 million. That’s not surprising, given cryptocurrency’s many attractions, but projected market growth between 2019 and 2025 – at 50 percent – seems modest. An indication of why might be found in an October 2020 report, in which global financial services giant PwC (formerly
The most widespread Amazon scams
Anyone who has had any contact with Amazon knows that, from time to time, you may come across scammers who parasitically exploit the marketplace’s popularity. They defraud all sorts of users: sellers, buyers, regular users, and one-time visitors. Even if you’ve never logged on to Amazon (real talk, though: never?), some of these scams can
Retail cybersecurity must step up for Black Friday and Cyber Monday
Coronavirus has canceled many things, but Black Friday and Cyber Monday may be as big as ever in 2020. Only this year, it will be different. Some stores promise to end the famous Black Friday sea of bodies clambering over each other for heavily discounted items by offering, for example, no shipping fees for online purchases. And
How cybercriminals launder money stolen from banks
For some cybercriminal groups, attacks on banks and other financial institutions are like an assembly line. Many people know tracing stolen funds is usually impossible, but not everyone knows why. A joint report by BAE Systems and researchers from the payment system SWIFT details how cybercriminals launder stolen money. Money source and destination There are two bank
Financial fraud by social engineering: How humans get hacked and how business can stop it
A security system is only as strong as its weakest link. And when it comes to cyberfraud, the weakest link is all around you: People. The easiest way for a fraudster to get what they want is to manipulate someone into giving it to them. For example, using a ruse to convince someone to give
Financial services company reduces fraud losses by $3.4 million with Kaspersky Fraud Prevention
Compounding the dramatic drop in fraud losses, savings from a reduction in customer service interactions amounted to $121,074, while a further $17,571 was also generated by eliminating second tier authentication for verified customers. In addition to the monetary savings, interviewees also highly evaluated increased customer trust and constant expert assistance. The number of fraudulent cases has
The good, the bad and the ugly of biometric authentication technology
Biometrics provide a quick and reliable way to identify and authenticate people by their unique physical characteristics. But does it help fight threats like cybercrime, and what does it mean for privacy? Imagine never having to manually log in again or remember the credentials for a hundred different online accounts. Or, you turn up at
The next-gen adaptive platform making driverless cars safer
Autonomous vehicles will improve our lives, but they need cyber-protection. This technology partnership is steering the way to safer driving. Driverless vehicles could save energy, limit car accidents and improve transport infrastructure. They could, eventually, save us the time we’d typically spend concentrating at the wheel. But with great autonomy, comes great cyber-risks. Autonomous cars are
Infographic: Five vital steps to deal with a data breach
Despite everything we do to prevent them, data breaches happen to the best of us. If it happens, check you’ve done these five things. Things can be frantic when you’re dealing with a data breach. While swiftly diagnosing the problem and communicating clearly with everyone who needs to know, it’s easy to miss something that
Covid-19 has created a “perfect storm” for cybercriminals
he Covid-19 pandemic has created a “perfect storm” for scammers and hackers, with smaller businesses facing a significant threat, experts from Kaspersky have warned. The increased cyber threat created by the pandemic has been widely reported, with Action Fraud warning the public to “remain vigilant ” as £16.6m has been lost to online shopping fraud since lockdown
Nurturing innovation does more for privacy than strict regulation
We embrace new technology – despite privacy flaws – because of what it makes possible. Policymakers should work with business and encourage innovation to meet privacy challenges. Every day, privacy commentators and activists point to new technology using our private data in ways we don’t expect. It feels like innovation and privacy are in a
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