Protect Online Banking From Remote Access Tool Attacks
According to multiple threat index reports issued at the end of 2018, the threat of Remote Access Tool (RATs) attacks is at an all time high. One RAT made Checkpoint’s Global Threat Index Top 10 list, while Proofpoint reports that the number of RATs doubled each quarter of 2018, accounting for more than 5% of all malicious payloads for the year, marking a significant change from the past.
RATs pose significant challenges to fraud teams as they often take over after the login, meaning a session is authenticated, and by design circumvent traditional fraud detection tools that look for the presence of malware, bots and blacklisted devices or IP addresses.
BioCatch takes a unique approach to detecting RAT attacks. Where most systems used today examine device data, which cannot detect a RAT attack as it takes over a trusted device, BioCatch behavioral biometrics monitors and analyzes a user’s physical and cognitive behaviors without interfering with the user experience. Using advanced AI and machine learning, BioCatch collects more than 2,000 parameters passively and continuously and provides real-time alerts if an anomaly is detected.