Security News > 2021 > April > DefenseStorm expands security for financial institutions with CyberFraud

DefenseStorm announced the addition of CyberFraud to its product offerings, providing an integrated solution for Information Security and BSA/AML Fraud departments in a single platform to prevent losses and protect account holders.

The DefenseStorm GRID provides investigation tools for deep analysis, links threats across multiple accounts and sources, gathers evidence for SAR reporting, enables on-the-fly strategy configuration and streamlines dashboard reporting.

"CyberFraud enables FIs to balance ease of use and convenience against security and privacy in a way that protects themselves, their employees and their account holders with confidence, keeping them threat ready, team smart and board accountable."

CyberFraud expands that security with threat detection for online banking, mobile banking and internal systems to provide real-time actionable alerts for both external and internal attacks.

Allows FI Information Security and BSA/AML Fraud departments to see all necessary information in one place by consolidating banking operations and security data from all sources, without volume limits.

Empowers fraud investigators to focus on the threats that matter by connecting data points into a view that shows account compromise linked across multiple customers and fraud suspects.

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