Cyber Fraud Security Solution
Enhance Visibility to Bridge Your Security Gaps
Mitigate Cyber Fraud Risk with a Multi-Layered Strategy
Every day, news outlets report significant breaches in commercial software or major customer data leaks. You understand the substantial monetary and reputational costs these attacks can impose on organizations.
How rapidly is this growing? Experts forecast a 15% annual increase in cybercrime, potentially reaching $10.5 trillion annually by 2025, translating to $11.4 million per minute.*
Traditional cybersecurity methods—like event managers and intrusion prevention systems (IPS)—are struggling to keep up as enterprises expand their networks across cloud, mobile, and IoT/OT devices.
Source: Cybersecurityventures.com | Hackerpocalypse Cybercrime Report 2016
Assess Cyber Fraud Tactics, Techniques, and Procedures (TTPs) and Managerial Oversight
Social engineering, dark web searches, phishing, default passwords, brute force attacks, account takeovers, third-party application exploitation, and payment data theft are all pressing threats.
Cyber fraud is highly profitable for hackers, making a robust cyber fraud protection program essential. It safeguards your organization against the theft of assets, data, and money.
However, your fraud team must have visibility to effectively prevent these threats. If you're uncertain about the six W’s of data (who, what, why, where, when, and which), this service is designed to help. Visibily’s cyber fraud kill chain dissects the adversarial approaches used to execute fraud. At each stage, adversaries employ unique TTPs to evade controls, gain access to protected environments, and carry out fraudulent activities.
Visibily employs a multi-layered strategy using both our own TTPs and the most effective methodologies to protect, detect, and respond through enhanced governance, procedures, and technology.
Elevate your fraud program.
Minimize the impact of fraud incidents and broader fraud-based attacks
Enhance fraud and event visibility.
Decrease response time.
What Are Some Types of Cyber Fraud?
Phishing:
Fraudulent attempts to trick individuals into revealing sensitive information by impersonating a trusted source, often via email.
Spear Phishing:
Targeted phishing emails directed at specific individuals or organizations.
Whaling:
A focused phishing attack aimed at senior executives or individuals with special access to sensitive information (the “big fish”).
Business Email Compromise (BEC):
A phishing variation where criminals impersonate trusted figures to deceive employees, customers, or vendors into revealing private information or transferring money.
Ransomware:
Malicious software that locks access to a computer system until a ransom is paid.
Social Engineering:
Manipulative tactics aimed at persuading individuals to divulge confidential information or act against their interests.
Let’s Establish Your Baseline and Create a Customized Cyber Fraud Solution
As your partner, we will develop a phased approach, starting with Visibily experts analyzing your current cyber fraud strategy. We will align the severity and probability of potential cyber fraud attacks to create a comprehensive blueprint that offers full visibility of your assets.
Our approach will help you:
Identify
the adversary and their tactics, techniques, and procedures (TTPs) within your environment.
Establish
comprehensive governance documentation and compliant processes.
Integrate
advanced tools and technology to effectively detect adversaries.
Adapt
your strategies to align with the evolving threat landscape.
Copyright Visibily 2024