Case Study

Fraud Detection

Fraud Detection

Pages 2 Pages

BioCatch Case Study This Top-5 U.S. bank has tens of millions of customers around the world. It serves clients across investment banking, private banking, corporate lending and securities services. Background The TrickBot banking Trojan emerged in 2016, menacing banks and financial institutions around the world. By 2017, TrickBot became a widespread malware family and global threat, accounting for 9.5% of attacked users. The Trickbot malware combines remote access (RAT) and redirection techniques to conduct sustained, multi-phased campaigns. It then slowly manipulates victim accounts until ready to deploy a standard remote access protocol, which is completely invisible to device recognition and geo-location tools. After switching off all active components of the malware, it op

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