How FSIs Can Defeat Application Fraud in a Multi-Cloud World

Enterprises Lost $40B in Value and $105B Annually to Cybercrime

Financial applications are the center of commerce. They hold the customer data and processes that drive business globally and protecting them from fraud is mission critical. Billions of dollars in fraud loss, reputational damage, and disruptions to critical online services are at stake. Instead of relying on anti-theft features that bad actors quickly engineer around—financial services institutions (FSIs) need to hold their business partners and technology providers accountable for security outcomes.

Watch this webinar to explore:

What FSIs will face next in the world of fraud and cybercrime
How we MUST work together as a community to commit to the continual progression and sophistication of our defense landscape
The role that AI-powered user analytics plays to deliver security outcomes that prevent fraud

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Prevent Fraud

Over half of all online fraud occurs because fraudsters are using stolen data to appear like real customers (this is also known as “clean fraud.”) Shape distinguishes fake users from real ones before they have the chance to commit fraudulent transactions.

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Gift Card Cracking

Gift cards are enumerated on websites and then resold to unsuspecting victims on third-party marketplaces. Retailers and e-commerce companies rely on Shape Enterprise Defense to prevent gift card cracking attacks.

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Eliminate Bots

Every website that is built for users gets abused by attackers using automation. Shape offers comprehensive anti-automation technology that is built on the same platform that defends 20% of Fortune 500 brands from imitation attacks.

Shape knows if a user is real or fake

Every time a request is made to your website or a mobile app, Shape determines whether it came from a bot or human. If it’s an unwanted bot, Shape will block it from accessing your site.

Shape’s AI-backend continually learns from new attacks across the entire Shape Network, ensuring your website and mobile apps are continually protected against the newest, most sophisticated attacks.

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