FRAUD PROTECTION FOR BANKS
Banking and finance are the most “attractive” sectors for
fraudulent activities from both inside and outside, breaking all
the breach records in comparison to other industries. Based on
the careful studies of security challenges for banks and
financial institutions, Yukon Consultants has developed a
Qradar-based solution to help its clients combat fraud.
Many types of fraud can be detected only when they cause
damage repeatedly:
- Payment card fraud
ATM fraud
- Call-center fraud, banking service center fraud (internal fraud)
- Money laundering
- Unauthorized access to confidential information
Using IBM Security QRadar SIEM, we can identify
over 40 fraud patterns through monitoring:
- Payment card hijacking
Unauthorized software running on
ATM
- Transactions from one payer to several accounts in multiple
locations and backwards
- Over-the-limit transactions
- Systematic transfer of funds between two accounts
- PAN key entries
- Unsuccessful authentication and user activity outside the office
hours
Repeated payments
Suspicious payment purposes and more
The highest possible efficiency of our fraud protection
services is achieved by:
- Real-time data analysis
- Monitoring all bank location
- Gathering data from all possible resources
Yukon