Security News > 2021 > May > Scammers aren’t always who we expect them to be: How AI and biometrics can help

Scammers aren’t always who we expect them to be: How AI and biometrics can help
2021-05-12 05:00

Let's explore a few scenarios and how AI and biometrics can help uncover and fight fraud.

Without an AI-powered fraud prevention platform and biometric authentication, this type of fraud could easily go unnoticed.

It's worth mentioning here that preventing fraud can and should be about more than preventing financial losses for your organization: it's also a question of corporate citizenship.

Throughout my career in fraud prevention, I've heard the 10-10-80 fraud adage, as I'm sure many of you have.

All types of fraud will continue to present new and evolving challenges, particularly as the number of customer engagement channels rises.

Because fraudsters take advantage of the growing channels, devices, and access points into your organization, organizations must rely on a cross-channel approach to fraud prevention-from biometric authentication to intelligent detection solutions that go beyond simply catching perpetrators.


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