Rewards and interaction fraud – When fraud seems to come “out of nowhere”.
Rewards and interaction fraud – When fraud seems to come “out of nowhere”.
2 PagesApril 17, 2018 Case study: Rewards and interaction fraud – When fraud seems to come “out of nowhere” . NUDATA SECURITY©2018 Mastercard. Proprietary and Confidential. CASE STUDY: REWARDS AND INTERACTION FRAUD – WHEN FRAUD SEEMS TO COME “OUT OF NOWHERE”. Fortune 200 eCommerce company $1.4M SAVED Client © 2019 Mastercard. Proprietary and Confidential. “A sophisticated ring is siphoning our customer’s unclaimed rewards. The fraud happens during the session, but they avoid any credit card interaction so we are not able to see it until our customer is affected.” Problem Our client saw an immediate drop-off in malicious activity once NuData’s behavioral biometrics solution was deployed. NuData found all the fraudulent behaviors during the user sessions with near 100% accuracy. With this in
