LexisNexis® Risk Solutions Helps Curb Malware Attacks on a Large Financial Institution, Reducing Fraud Losses
LexisNexis® Risk Solutions Helps Curb Malware Attacks on a Large Financial Institution, Reducing Fraud Losses
4 PagesCASE STUDY COMPANY A large financial institution REQUIREMENTS • Prevent targeted social engineering attacks that use remote access software to infiltrate trusted user accounts. • Curb malware attacks. • Restrict fraudulent events at login and payments. • Reduce fraud losses. SOLUTION LexisNexis Risk Solutions implemented full, near real-time behavioral profiling of the end-to-end online session including account registrations, logins, change of details and preferences, account navigation, creation of new beneficiaries and payment profiling in order to detect anomalies indicative of malware or illegitimate user of remote access software. This drastically cut fraud while maintaining a friction-free experience for trusted customers. BOTTOM LINE • Targeted malware attacks were stopped
