Fraudsters are more sophisticated, better organized, and have a greater impact on the financial services industry than ever before. Individual life, individual annuities, and retirement plans are under attack, but FraudShare can help.
FraudShare provides access to the threat indicators used by Fraudsters. This allows participating companies to use the threat indicators to protect themselves from similar attacks. Participating companies can receive real time email alerts, or they can access the data directly via the export or API functionality. Companies that proactively use the threat indicator data to scan their systems and flag interactions or transactions with matching threat indicators prevent more fraud.
FraudShare provides powerful correlation analysis capabilities to help companies recognize and link related incidents. Using this information, additional threat indictors can be identified to conduct more complete and thorough investigations.
FraudShare provides the industry with stats and trending data derived from real and confirmed fraud incidents to help companies better understand how ATO fraud is evolving and impacting the industry. Better data leads to more informed decision making.
Everyone is at risk of a potential fraud attack. Protecting your financial accounts involves several proactive measures to safeguard your personal and financial information. The steps outlined below offer guidance on best practices for protecting yourself and your financial accounts from being compromised. Following these guidelines does not guarantee full protection against all fraud attempts.
Take preventative measures against potential online attacks to keep your information safe.
Combat fraudsters’ social engineering tricks to protect your personal info needed to access your accounts.
Better understand the various fraud attempts you could encounter and take precautions to keep yourself and loved ones as safe as possible.
Continuously monitor your financial accounts using our suggested checklist to ensure all accounts are safe.
Follow these suggested steps and guidelines if you find that you or someone you know has been scammed.
Easy access to the threat indicators used by fraudsters, how often and how many companies attacked Provides industry-level incident data allowing companies to compare and contrast
Quickly view and export up-to-date data on account takeover and fraud attempts from fellow members. This data can help inform your strategy to combat future fraud attacks.
Companies can receive real time email alert notifications or access the Fraudshare data directly through data export capabilities or APIs.
Companies can easily identify other threat indicators that may be associated with an attack using the coorelation analysis tool. While a company may know about one or more threat indicators associated with an attack, by using FraudShares Correlation Analysis, they may learn of other threat indicators that they have yet to discover.
Learn about the features and benefits of FraudShare.
Join the neighborhood fraud watch for financial services. Schedule a demo today to experience the new account takeover alert utility for the insurance and retirement industry.
Learn about the industry hackathon that initiated development.
FraudShare® is a registered trademark of LL Global Services, Inc.
Head of Fraud Prevention and Compliance Solutions
Work Phone: 860-298-3815
