Choosing the Right Fraud Reduction Intelligence Tool in a Digitally Evolving Economy
- LANGUAGE: English DATE: Thursday, November 05, 2020 TIME: 4:00pm CET, 10:00am EST, 7:00am PST
Fraud is a major cost to businesses worldwide and it is on the rise. In it’s 2019 annual report, the Internet Crime Complaint Center (IC3) put a specific focus on methods such as elder fraught, credit card fraud and confidence/romance fraud, emphasizing the growing occurrence of intentional deception in cybercrime. Companies of all industries face the same challenge: The complex and constantly changing world of fraud detection.
The Fraud Reduction Intelligence Platform (FRIP) market is mature and growing and the solutions in this space are quite diverse. Therefore, it comes as no surprise that many companies are unable to cope with the plethora of opportunities in this segment.
Join this webinar and you will learn:
- About different fraud methods deployed today
- Why solutions in the FRIP market are usually offered as Software-as-a-Service
- How determine your company’s requirements to mitigate fraud
- How to choose the right fraud management tool that will assist you to embrace todays digital economy
John Tolbert, Lead Analyst at KuppingerCole, will give you a glimpse into the way cybercriminals work today with the methods of fraud. He will show how KuppingerCole evaluated modern FRIP solutions in the recent Leadership Compass.
He will be joined by Paul Hossack, Senior Fraud and Risk Intelligence Systems Engineer at RSA, who will be discussing latest fraud trends and how RSA Fraud & Risk Intelligence Suite capabilities can help mitigate these threats including:
- External threat protection including
- Omni channel fraud prevention
- Protecting Card Not Present transactions
Regus Business Center, Josephspitalstr. 15 • 80331 80331 München • Germany
RSA, a leader in cybersecurity and risk management solutions, provides organizations with technology to address challenges across security, risk management and fraud prevention in the digital era. RSA solutions are designed to effectively detect and respond to advanced attacks; manage user access control; and reduce operational risk, fraud and cybercrime. RSA protects millions of users around the world and helps more than 90 percent of the Fortune 500 companies thrive and continuously adapt to transformational change.
There is growing interest in deception as a methodology and as an integral part of cybersecurity architecture, as organizations seek more effective approaches for detecting and responding to threats in real time. Distributed Deception Platforms have made this approach practical and affordable for the first time, but choosing the right solution can be challenging.