Cyber Fraud Security Solution
Gain Visibility to Close Your Security Gaps
Reduce Cyber Fraud Risk With a Multi-Layer Strategy
*Source: Cybersecurityventures.com | Hackerpocalypse Cybercrime Report 2016
Every day news outlets seem to announce yet another major commercial software compromise or a huge customer data leak. And you’re well aware of what these attacks can cost organizations both monetarily and reputationally.
How much is this number growing? Experts predict 15% cybercrime growth year over year, reaching $10.5 trillion annually by 2025. That’s $11.4M per minute.*
Your traditional cybersecurity methods – event managers and intrusion prevention systems (IPS) – can’t keep pace as your enterprise expands its network in the cloud and on mobile devices and IoT/OT devices.
Assess Cyber Fraud Tactics, Techniques and Procedures (TTPs) and Managerial Oversight
Social engineering, dark web search, phishing, default passwords, brute force, account takeover, third-party application exploitation, payment data theft. Oof.
Cyber fraud is seriously lucrative to hackers. And that means a strong cyber fraud protection program offers a tangible benefit – it helps prevent assets/data/money from being stolen from your organization.
The problem is, your fraud team has to see it to prevent it.
If you aren’t sure of the six W’s of data (who, what, why, where, when and which) this service can help. Optiv’s cyber fraud kill chain breaks into pieces adversarial approaches for executing fraud. At each phase, the adversary will attempt unique TTPs to bypass controls, gain access to protected environments and execute the fraudulent activity.
Optiv uses a multi-layer strategy of our own TTPs and the best approach to protect, detect and respond via enhanced governance, procedures and technology.
Elevate
your fraud program.
Reduce the impact
of fraud incidents.
Reduce the risk
of a broader fraud based attack.
Improve
fraud and event visibility.
Reduce
response time.
What Are Some Types of Cyber Fraud?
Phishing
Phishing is a fraudulent attempt to trick individuals into divulging sensitive information (usernames, passwords and banking details) by pretending to be a trusted source, often through email communication
Spear phishing
Email targeting a specific user, or many users at a specific organization
Whaling
A focused phishing email targeted against senior executives of a company, or those with special access to information (aka the “big fish”)
Business email compromise (BEC)
A form of phishing where a criminal attempts to get a worker, customer or vendor to send money or disclose private information by sending a phony email that appears to be coming from a trusted company figure
Ransomware
A type of malicious software, or malware, that is designed to deny access to, or "lock," a computer system until a sum of money (ransom) is paid
Social engineering
Within the cybersecurity context, social engineering describes an attempt to manipulate people into divulging confidential information or performing actions inimical to the interests of them or their organizations
Let’s Get Your Baseline and Build a Custom Cyber Fraud Solution
As your partner, we help develop a phased approach that starts with Optiv experts analyzing your organization’s current cyber fraud strategy. We then align the severity and the probability of a cyber fraud attack to develop a unified blueprint that also provides complete visibility of your assets.
Our approach helps you:
Identify
the adversary, environment and specific TTPs used
Establish
governance documentation
Create
processes in compliance
Integrate
tools and technology to detect adversaries
Adapt
to the changing threat landscape
Cyber Fraud Related Insights
Cloud is Resetting Cybersecurity Demands
Security is often threatened by rapid transformation. This analysis offers advice to businesses migrating their operations and data to the cloud.
Software Supply Chain Compromise
Software supply chain compromise explained: What you need to know and lessons learned.
BadOutlook for C2
Given Office product functionality, it’s possible for adversaries to leverage Outlook's COM interface in attacks for extended persistence.
Speak to a Cyber Fraud Security Expert