Easily create and manage security rules based on behavioral risk scores
BioCatch Policy Manager, a component of the BioCatch platform,allows fraud analysts and operations teams to easily create and manage business and security policies based on behavioral risk scores and other system outputs generated by the BioCatch platform.
BioCatch Policy Manager offers flexibility in establishing the actions that should occur if the user behavior inside a session triggers a predefined condition. Fraud analysts benefit from logic that mitigates fraud in real-time, simplifies back-end operations and assists with gathering data for proactive, investigative analysis.
The Policy Manager allows for two types of decisioning:
- Activity - Policies that respond to user behavior during a user session, for example, if the user behavior inside the session is deemed to be risky and triggers a Decline action, the transaction can be stopped.
- Session - Policies that analyze user behavior at the end of a user session, for example, to determine if a disproportionate number of risky transactions are coming from a particular country or region. A Session-Level policy lets you proactively investigate user sessions using a broad set of conditions and parameters.
Creating policies is easy in the BioCatch Policy Manager. After configuring what conditions will trigger an action, select one of four different options – Allow, Review, Authenticate, Decline – or create a new action. Built-in administration tools make it seamless to manage and archive policies. Accessible functions allow for archiving, editing and deleting policies, and have both administrator and user level access rights.
Note: Policies generated by the Policy Manager are suggested triggers to follow a specific behavioral pattern observed in the session. It is the Client’s responsibility to configure the action within the website or mobile app.