Invisible Challenges: BioCatch's Game-Changing Technology in Online Fraud
BioCatch is a cybersecurity company that delivers behavioral biometrics, analyzing human device interactions, to protect users and data. Banks and other enterprises use BioCatch to significantly reduce online fraud and protect against a variety of cyber threats, without compromising the user experience.
One of the key aspects that distinguishes BioCatch as the market leader in behavioral biometrics is its patent portfolio, which as of this writing is made up of 47 patents, 21 of them granted or public. Among them, is a group that pertain to a capability called “Invisible Challenges™.”
Invisible Challenges refer to tests that are invoked into an online session without the user’s knowledge, but that elicit subconscious responses that can be used to distinguish a fraudster from a legitimate user.
This powerful mechanism represents the latest generation of fraud prevention tools, that addresses the weakness of traditional approaches that rely on malware libraries, two-factor authentication, device ID and other means that the sophisticated fraudsters have learned to circumvent.