IBM Security Trusteer is releasing new cognitive fraud detection and behavioral biometric functionality that accomplishes just that. Financial services is one of the top three targeted industries for cybercrime, according to IBM X-Force Research. Financial institutions must balance adding security enhancements to help combat this evolving threat landscape with minimizing customer impact through simpler authentication methods. IBMs dedicated security researchers use cognitive detection capabilities with an automated malicious pattern recognition tool to help financial institutions identify anomalies and understand and prioritize evolving threats. The combination of cognitive technology with fraud prevention and detection solutions has the potential to revolutionize the security industry.”]
Source: https://securityintelligence.com/outsmarting-fraudsters-cognitive-fraud-detection/