Today’s security teams need to prevent identity-based attacks, strengthen their security posture, and ensure frictionless customer login experiences — often with limited resources. So how can you be expected to face these unprecedented challenges?
By working in tandem with fraud teams in unprecedented ways. Forging a stronger working relationship between these two departments, which already share common goals, will improve effectiveness and efficiency. Combined with the right Shape solution, this collaboration will establish a powerful, united front against attacks. And that’s the power of two. Check out some of our recent insights into the major issues facing security and fraud teams.
While there are good bots, the bad ones can hurt—especially those that take over accounts or create fake ones that lead to fraud. This infographic identifies good bots vs. bad bots, how bot attacks are detected, and how they can be stopped.
Security incidents aren’t limited to banks, credit unions and insurance companies. Investment funds, payment processors, and all kinds of financial services companies are reporting attacks, and the move to open banking creates new issues for them all to address. Read this article to see how F5 Labs is monitoring cyber attacker tactics that require new defensive strategies.
Cyberattacks at Banks and Financial Services Organizations, and a Look at Open Banking
Cybercriminals are capitalizing on the gaps between fraud and security teams.
While identity is the first line of defense against fraud, it's under attack on several fronts. Discover what's fueling growth in fraudulent transactions, why these attacks are succeeding despite sophisticated security tools, and what it takes to build an effective antifraud platform.
Financial services organizations had the highest percentage (46%) of reported authentication attack incidents in 2020.
Check out our latest summary of the application security risk landscape — including an analysis of hundreds of U.S. data breaches, as well as insights and recommendations for controls to help put a stop to them.
WATCH THE VIDEO
Credential Stuffing: Why It's Here To Stay
Get a sneak preview of our 2021 Credential Stuffing Report as part of our “90 Seconds of Security” video series. Learn how five years’ worth of data research from fraud experts at F5 shows that credential spills are a harsh reality. F5 provides a comprehensive set of security solutions designed to protect sensitive financial data with a zero-trust approach and powerful visibility tools.
Analyzing the top reported security incidents at financial organizations, this article examines the data on cyberattack incidents to provide a deeper understanding of the threats facing them, and how to defend against these attacks.
Open your eyes (and ears) to the power of Shape Enterprise Defense for financial institutions. In this brief demo we highlight what makes Shape unique - from bot defense through advanced AI driven security protection.
An ongoing series of attacks on their web and mobile login applications led a top Canadian bank to try a bot mitigation tool—but the attackers adapted within hours and kept up their efforts 24/7. Learn how F5 Shape was brought in during an unprecedented increase in credential stuffing to successfully defend their applications.
It’s all about providing an end-to-end solution for stopping the most common and high-impact attacks. That means preventing account takeovers and account creation fraud, eliminating the costs associated with fraud, and delivering more value. Our solutions focus on what matters now: Building a proactive defense while reducing the burden on fraud teams and achieving common goals with security teams. Learn more about the solutions that leverage our AI and ML system.
Shape Enterprise Defense
Know the good users from the bad actors with Shape Enterprise Defense. Protect every application from attack, fraud, and abuse in real time, manage access to your applications, and collect new data for customer and business insights. For added convenience, this solution fits right into your existing infrastructure.
Put the power of machine learning and analytics insights to work, so that you can identify returning, known users of your website in real time. Shape Recognize helps you eliminate the hassle of excessive logins and reauthentication, so you can provide a secure login experience and help safely drive increases in online revenue.
Shape AI Fraud Engine
Improve the customer experience and increase revenue by blocking fraud in real time across the entire user journey with the Shape AI Fraud Engine (SAFE). Reduce friction for legitimate consumers by up to 90% and take the burden off fraud teams with this powerful AI tool.
Have a security question, issue, or something else you'd like to discuss? We'd love to hear from you. We'll contact you by email within one business day.