Detect, Prevent and Mitigate Identity Theft

Financial institutions concerned about protecting their clients, improving online security and meeting the November 1, 2008 deadline for compliance with the 31 Red Flags outlined by the FTC, are architecting solutions that incorporate strong authentication solutions driven by risk and fraud analytics for added protection.

Identity theft prevention programs include policies and procedures for detecting, preventing and mitigating identity theft. This includes identification and detection of patterns, practices and activities that are ‘red flags’ signaling possible identity theft, and development of appropriate responses.

Detect, Alert and Respond.

IdMlogic’s Service Oriented Authentication Architecture - SOA² supports real-time fraud analytics and scoring Services based on device and location fingerprints, workflow and behavior patterns, and sophisticated customizable fraud rule models, that detect and score fraud activity, generating a risk score. Other Services generate real-time alerts and reports.

SOA² Services respond by triggering dynamic, rule-driven actions based on risk, with online challenges and rule-based stepped up authentication, like out-of-band OTP, for example.

Please contact us for more information.