These days, fraudsters have it easier than ever. The volume of devices commonly in use and the numbers of applications and websites accessed daily have grown so large so fast that organizations can be overwhelmed in trying to protect their resources and their users. The result? Innocent—but sometimes devastating—errors. An organization may deploy only partial measures to protect against threats. And users may actively work around protection to avoid cumbersome security procedures.
Fraud protection is most effective when technologies identify and block suspicious or malicious activity. The IBM solution, for example, stays highly effective through agile updating of detection tools that can deliver threat intelligence about the latest fraud indicators.