Experian Fraud Prevention Solutions

Transcription

1 Experian Fraud Prevention Solutions FMVÖ Business Breakfast Cyber Crime prevention for the financial services industry 1 Experian Internal use only

2 Introducing Experian 2 Experian

3 Identity Theft is a Global Virus Attacks per country of origin source Threatmetrix Q Cybercrime Report Top 5 Top 6-10 Top Top Top Top Experian

4 Global Identity Theft by Numbers $2 Trillion $750 Billion $80 Billion Estimated global cost of cybercrime by 2019 Number of $ s lost by cybercrime victims annually 80% of Cybercrime starts with Identity Theft Estimated global spending to combat cybercrime in 2018 (corporate and consumer) 4 Experian Sources: Threatmatrix, Hackmaggedon.com, SecurityIntelligence.com 2017

5 What Damage is Caused by Identity Theft Once the damage is done, the road back to restoration can be both time-consuming and expensive Criminal Financial Personal information passes to law enforcement during an investigation Victim could be arrested for crimes they didn t commit Risk of damage to employment prospects if criminal records match within routine background checks Focus of attention at security checkpoints at airports Thieves can now open bank accounts, apply for credit and loans and obtain cash in your name. Your bank account could be cleared out, credit score ruined and jobs and valuable possessions taken away. Reputation Medical records Health and stress Credit Assets 5 Experian

6 How Does it Work? Register Scan Detect and Alert Prevent and Restore The user registers on the portal and enters the personal data they wish and authorize to be monitored Experian s Identity Protection service then monitors the dark web for the users data If personal information is compromised or at risk of being compromised the service alerts the user To help further, our Identity protection service also provides users with instructions about how to prevent ID fraud 6 Experian

7 Experian Identity Theft Protection Components Identity Protection Customer Education Assisted Restoration Data Breach Services CyberAgent Internet Surveillance and Reporting Identity Education Center Determining the type of fraud and providing guidance GDPR compliant data breach response services Social Media Monitoring and Reporting Customer Onboarding Marketing Child Monitoring and Reporting Small Business Monitoring 7 Experian

8 Experian CyberAgent Dark Web Surveillance Alert your customers and staff of matches to their monitored personal information on the dark web 24/7 searching of dark web, hacker communities and web pages, for more than 40 types of personal data Detects and alerts the customer instantly if personal information is compromised and at risk of being illegally shared, stolen or sold online 4 billion+ records matched since 2006, 1 million new records being added every day Can be configured to track data in different languages. Optimised for mobile and tablet display and native mobile app options Provides your customers and staff with identity theft education, risk minimizing tips and help with onboarding marketing Determining the type of fraud in play, providing restoration guidance and documentation 8 Experian

9 Branding options White Labelled Experian House Brand Experian Co-brand 9 Experian

10 Example clients Aon Insurance USA ID Protection services through their benefits channel for health and medical AT&T USA ID Protection as part of its Mobile Protection Plan Capital One, USA ID Protection as part of its CreditWise service to 22 million customers Morgan Stanley USA ID Protection to their High-Net-Worth customers MasterCard USA ID Protection as part of their card portfolio to their Issuing Banks under the marketing campaign Safe and Secure. SunTrust Bank (USA) ID Protection offered free to all customers after data security issue by a former employee American Automobile Association (AAA), USA ID Protection to it s members as part of their membership scheme. Anadolu Sigorta Insurance Company, Turkey ID Protection as part of it s Insurance policies for IsBank - Turkey Is Bankasi A.S, banking customers. Sompo Japan Insurance Company, Turkey 6 th largest Insurance company in Turkey offering ID Protection as part of its Cyber Insurance Policy to some large Turkish Banks Italian Banks: Intesa Sanpaolo; Credit Agricole; Banca Monte dei Paschi di Siena. Alior Bank, Poland and Germany provides ID Protection to their customers Howden UK Group, UK provides ID Protection as part of their Cyber Security Insurance Allianz Global Assistance, India provides ID Protection as part of a packaged solution 10 Experian

11 Kontaktdaten Christian Held Senior Account Director Christof Seifert Senior Fraud Consultant T:+43 (0) T.: +43 (1) M: M: +43 (664) E- Experian Österreich GmbH Strozzigasse 10/ Wien 11 Experian

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