BioCatch puts the brakes on a sustained cyber attack and produces demonstrable results for Top 5 UK bank
The corporate banking division of a Top 5 UK bank was experiencing a prolonged cyber attack involving the Dridex malware which was capable of taking over customer accounts and circumventing its traditional controls such as malware detection, transaction monitoring and device fingerprinting.
The bank required a solution that could generate a deeper level of behavioral analysis. The bank adopted BioCatch to gain visibility into anomalies in user behavior and interactions. BioCatch quickly identified several high-risk activities based on user behavior, even when it appeared the session came from a trusted device and location.