The vision that sets Easy Solutions apart when it comes to fraud prevention is based on a comprehensive approach that addresses the different stages in the life cycle of an electronic attack: from attack planning, to stealing account credentials, and all the way up to withdrawing money from accounts.
This approach doesn't just allow for fraud to be prevented in a truly proactive way, before attacks are even launched and therefore minimizing the crime's impact and losses; it has also proven to be the most effective way to prevent fraud, because there is no one-size-fits-all solution to the various and constantly evolving forms of electronic fraud.
The Easy Solutions Total Fraud Protection® Strategy, in addition to covering all of the different stages of an attack, also includes protection for multiple transaction channels and authentication factors, making it truly “total” and complete.
In addition to the effectiveness of the Easy Solutions approach, the different products and services of the Total Fraud Protection® Strategy are designed to be easily integrated and implemented in stages, depending on the company's security plans and strategies. The products and services also help institutions comply with various regulations.
At a minimum, a layered security program should be designed to detect strange or unusual behavior when the customer logs into the system and when carrying out electronic transfers to third parties. Enhanced security is necessary for business accounts.
The various levels of the Easy Solutions Total Fraud Protection®Strategy, which not only provide the best proactive protection against different kinds of electronic fraud, but also help to comply with local and international laws and regulations, are described below.
LAYER 1: Detect Monitoring Services – Proactive Protection against Phishing Detect Monitoring Services monitors and classifies every user connection to a financial institution's website in real time. This layer of security proactively detects website visits from phishers as well as malicious activity on the website such as copying or altering original material. Any fraudulent websites that target the institution's customers are quickly deactivated.
LAYER 2: Detect Safe Browsing – Protection against Phishing, Pharming, Malware, and Man-in-the-Middle and Man-in-the-Browser attacks at the end-user level Detect Safe Browsing is a tool that blocks online banking sessions from computers infected with malware or a poisoned hosts file. This security layer works by scanning a computer when it attempts to connect to a protected website. If DSB detects hosts file poisoning or malicious processes, the user is advised not to carry out the online banking session.
LAYER 3: Complex Device Authentication DetectID® is a sophisticated strong authentication solution that permits the flexible integration of different authentication factors on the same platform: second password, security image, challenge questions, tokens, grid cards, and device authentication. The “true” authentication of devices done by DetectID creates a complex digital fingerprint based on the hardware information of the device.
LAYER 4: DetectTA® - Real-Time Risk Qualification Detect TA® authorizes or denies every electronic transaction of a customer in real time. This layer of security compares the individual transaction with the user's transaction history and/or any established rules. These enhanced controls include transaction value thresholds, a limit on transactions allowed per day, and allowable payment windows (e.g. day and time), among others.
LAYER 5: Detect Professional Services Easy Solutions maximizes the return on investment in security through its Direct Professional Services, designed to increase the speed of implementation and get the desired results in terms of authentication and security detection from day one. From the initial analysis to the implementation and training, including consultations about security services, the Detect Professional Services Portfolio is the best choice to ensure the rapid achievement of your business objectives. |
