DEFENSESTORM BLOG

New Account Takeover Fraud Prevention Functionality – Community Watchlists

Monday, March 18th, 2024

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Cyber security risk management solutions from DefenseStorm.

DefenseStorm has updated its Account Takeover Fraud Prevention further enhancing its capabilities as a powerful cyber risk management solution.  Organizations can now join the Community Watchlists within Account Takeover Fraud Prevention, where they not only receive alerts of new threats, but can add a threat to the watchlist directly from the Alert view.

DefenseStorm has updated its Account Holder Fraud Prevention, further enhancing its capabilities as a powerful cyber risk management solution. DefenseStorm customers can now join the Community Watchlists within Account Holder Fraud Prevention, where they not only receive alerts of new threats but also have the opportunity to add a threat to the watchlist directly from the Alert view. This collaborative feature ensures that any new threats are automatically included in the GRID Active Fraud Detection Triggers. 

The new feature provides DefenseStorm customers an easier, proactive, and automated mechanism to add a threat to a watchlist with a single step/click in the Alert View of Account Holder Fraud Prevention. The integrated platform has been designed to provide enhanced protection in significantly less time. The user-friendly feature simplifies the process of staying safeguarded against potential threats and ensures a seamless experience for our clients.   

Community Watchlists is another step in our mission to build a community of trust so we can grow and thrive together, allowing our customers to share their experiences with others directly through our GRID Active platform.  

DefenseStorm is committed to providing solutions that stay ahead of the ever-changing threat landscape. We continually innovate and update our technologies to ensure that our clients receive the best possible protection against both known and emerging threats. To learn more about GRID Active, Cyber Risk Security Risk Assessments, and Fraud Prevention, contact us today!

DefenseStorm’s Built for Banking approach ensures cyber risk readiness for banks and credit unions of all sizes!

Adam

Adam Barrett

Sr. Product Manager, Fraud Detection

Adam is the DefenseStorm Fraud Geek with an extreme passion for protecting financial institutions and the people who trust them to provide a safe banking experience. He is currently the Senior Product Manager for DefenseStorm GRID Active Fraud Detection product. With 25 years of experience in banking operations, fraud and risk, you would think he’s seen it all, however, the constantly evolving schemes keep him motivated to stay in the fight.