Cyber Fraud
Security Solution

 

Gain Visibility to Close Your Security Gaps

Reduce Cyber Fraud Risk With a Multi-Layer Strategy

 

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*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. It’s time for you to get a strategic perspective to operationalize and manage the program effectively.

 

Get Cyber Fraud Services Brief
 

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.

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Elevate

your fraud program.

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Reduce the impact

of fraud incidents.

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Reduce the risk

of a broader fraud based attack.

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Improve

fraud and event visibility.

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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

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Speak to a Cyber Fraud Security Expert