Behavior-based anomaly detection solutions to prevent banking fraud across online, mobile and ACH channels

Banks and credit unions of all sizes are the target of unrelenting and sophisticated fraud attacks against electronic banking channels. Furthermore, cyber criminals repeatedly have demonstrated their ability to install a wide range of malware on computers and mobile devices, compromise accounts, and defeat all types ofauthentication – multi-factor, out of band, one-time passwords, and tokens.

Our industry-leading electronic banking fraud prevention solution,FraudMAP®,is proven to stop the widest array of fraud attacks, malware and schemes.

More financial institutions use FraudMAP than any other fraud prevention solution to protect their retail and commercial banking customers. They use it to proactively detect and stop online and mobile banking fraud and detect fraudulent ACH transactions before the money is gone.

(click to enlarge)

This graphic shows how FIs use anomaly detection to detect and respond to fraud attacks. To learn more, download our Anomaly Detection Toolkit.

Our proprietary behavior-based anomaly detection capability, Dynamic Account Modeling, automatically checks all activity against demonstrated normal behavior to identify anomalous or unexpected activity that could be indicative of fraud.Anomaly detection has proven itself to be so effective that the FFIEC included it in its June 2011 Guidance Supplement as a minimum expectation for layered security.

Only FraudMAP:

Uses unique behavior of each account holder to catch what other solutions miss
Detects the widest range of malware and non-malware fraud attacks
Automatically monitors all clients on all devices, including computers, smartphones, and tablets
Checks every ACH file for unexpected batches, payments, and modified line items
Monitors every online and mobile banking session for fraudulent login, reconnaissance, fraud setup, and anomalous transactions

FraudMAP is available as:

FraudMAP Online for computer-based banking
FraudMAP ACH for ACH origination files
FraudMAP Wire for real-time wire processing
FraudMAP Mobile for banking from mobile devices

Conform to the FFIEC requirement for layered security that includes anomaly detection and improved control of administrative functions, which applies to all electronic banking including online, mobile and ACH channels.

Flexible deployment options means that FIs of all sizes can now offer the industry's best fraud prevention. FraudMAP is available as a SaaS solution or as a managed service.