Security News > 2021 > October > Fraud never sleeps: Why biometrics is essential for effective fraud prevention

With multiple layers of security in place and biometrics as the central authentication factor, organizations have a future-proofed fraud prevention platform that offers protection against current threats-and whatever new threats the next crisis brings.

Layered security involves combining fraud prevention measures like environment detection and anti-spoofing with multimodal biometrics, all underpinned by an AI-powered risk engine that aggregates data from the various layers to generate a risk score for any given customer engagement.

The most advanced voice biometrics systems provide extremely high levels of authentication accuracy and very rapid fraud detection.

Instead of overstretched fraud teams dealing with alert fatigue while fraudsters slip through the cracks, real-time fraud detection enables teams to make more effective use of their time.

Others saw an opportunity to implement a more durable security upgrade-a fraud prevention platform that wouldn't just see them through a crisis but would continue to protect customers and the brand from constantly shifting fraud attacks for years to come.

If you haven't already, now is the time to consider adding biometrics to your fraud prevention armory.

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