Top LATAM Bank Reduces Social Engineering Fraud Targeting Mobile Users by 67% with Behavioral Biometrics
A Top LATAM bank found their mobile banking customers increasingly targeted and victimized by social engineering scams. Despite increased efforts and technologies, social engineering continued to be the bank’s top threat. The bank required a solution that would enable them to deliver a seamless and secure mobile banking experience.
The bank sought a solution that would help them tackle their number one pain - social engineering attacks. However, with over 80% of their consumer banking activities conducted on mobile devices, the bank required a robust mobile fraud detection solution that could protect their customers against a wide array of attack methods including social engineering scams, mobile emulators, malware, RATs, and more.