• Overview
• FraudMAP Online
• FraudMAP Mobile
• FraudDESK
• Behavioral Analytics
• SaaS Deployment
• Benefits

Protect Your Business Banking Customers from ACH Fraud, Wire Fraud, and More

Savvy, well-funded cyber criminals are draining millions from the online accounts of small and medium businesses, municipalities, and non-profit organizations. They are defeating multi-factor authentication, including tokens, and dual controls to successfully takeover online corporate accounts and swiftly execute high dollar ACH fraud, wire fraud, and more.

Institutions need to protect all of their business banking accounts from the wide variety of threats, such as the movement of money using money mules, fast paced wire attacks and the varying flavors of Man-In-the-Browser attacks.

FraudMAP Online for Business Banking: Purpose Built to Protect Commercial Accounts

FraudMAP Online for Business Banking addresses the unique nature of managing risk and preventing fraud in the complex multi-user business-banking environment where corporate account takeover attacks are sophisticated, money is moved primarily through the ACH network and via wires, and multiple and variable recipients are common.

FraudMAP Online detects corporate account takeover, account reconnaissance, fraud setup and fraudulent transactions, enabling an institution to proactively intervene before a money transfer is attempted or before a transaction is approved and released.

And, it transparently protects all your commercial accounts, without asking them to install anything, carry tokens or go through other security procedures that impact convenience.

Detecting the Sophisticated Attacks on Corporate Accounts

The FraudMAP Risk Engine uses Dynamic Account Modeling to create a dynamic model of expected behavior for each online user within a corporate account. The software performs a holistic evaluation of all activities in every online session, from login to transaction, looking for anolalies or deviations from expected behavior to identify ACH fraud, wire fraud, and other attacks. FraudMAP Online is proven to detect a wide range of attacks, including Man-In-the-Browser attacks.

FraudMAP Online for Business Banking collectively analyzes behavior for suspicious activity across all users and creates a single company risk score for each online banking session.

Rapid Corporate Account Takeover and Fraud Investigation and Forensics

The FraudMAP Risk Application provides rich context for fraud investigations, easy to use visual analytics of behavior, and delivers the actionable information needed to understand:

• The business banking accounts at highest risk of online account takeover and fraud
• Which users within a corporate account were compromised and what high-risk activities and transactions they have been performing
• Where Man-In-the-Browser attacks are in play
• If dual controls are being manipulated to allow fraudulent transfer of funds
• When ACH batches are being sent to money mules
• If the bank is under attack and if fraudsters are targeting multiple accounts

Optimizing Fraud and Treasury Management Resources

Because FraudMAP Online pinpoints only truly suspicious activity, fraud and security teams can easily add the review of alerts into existing daily routines, using FraudMAP Online to speed investigation and forensics. Additionally, banks can implement automated intervention to invoke mid-session challenges or to instantly stop high-risk sessions.

FraudMAP Online delivers value to organizations beyond the treasury and cash management teams. Employees engaged in ACH, wire transfers, call center, credit and other operational roles can use the risk scores generated by FraudMAP Online to validate transactions or investigate suspicious activity in other channels. And risk management teams can use the valuable risk and activity data to speed compliance and audits.

Learn more about the benefits of FraudMAP Online for Business Banking.