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Cyber Fraud Security Solution Gain Visibility to Close Your Security Gaps Overview Benefits Proactive Solutions Related Resources Related Insights Reduce Cyber Fraud Risk With a Multi-Layer Strategy Image *Source: Cybersecurityventures.com | Hackerpocalypse Cybercrime Report 2016 Every day news outlets seem to announce yet another major commercial software compromise or a huge customer data leak. And you’re well aware of what these attacks can cost organizations both monetarily and reputationally. How much is this number growing? Experts predict 15% cybercrime growth year over year, reaching $10.5 trillion annually by 2025. That’s $11.4M per minute.* Your traditional cybersecurity methods – event managers and intrusion prevention systems (IPS) – can’t keep pace as your enterprise expands its network in the cloud and on mobile devices and IoT/OT devices. Get Cyber Fraud Services Brief Related Services Cyber Education Cyber Recovery Cyber Strategy & Roadmap Digital Transformation Enterprise Resilience Security Maturity Ransomware Risk Program Development Threat Managed Services Assess Cyber Fraud Tactics, Techniques and Procedures (TTPs) and Managerial Oversight Social engineering, dark web search, phishing, default passwords, brute force, account takeover, third-party application exploitation, payment data theft. Oof. Cyber fraud is seriously lucrative to hackers. And that means a strong cyber fraud protection program offers a tangible benefit – it helps prevent assets/data/money from being stolen from your organization. The problem is, your fraud team has to see it to prevent it. If you aren’t sure of the six W’s of data (who, what, why, where, when and which) this service can help. Optiv’s cyber fraud kill chain breaks into pieces adversarial approaches for executing fraud. At each phase, the adversary will attempt unique TTPs to bypass controls, gain access to protected environments and execute the fraudulent activity. Optiv uses a multi-layer strategy of our own TTPs and the best approach to protect, detect and respond via enhanced governance, procedures and technology. Image Elevate your fraud program. Image Reduce the impact of fraud incidents. Image Reduce the risk of a broader fraud based attack. Image Improve fraud and event visibility. Image Reduce response time. What Are Some Types of Cyber Fraud? Phishing Phishing is a fraudulent attempt to trick individuals into divulging sensitive information (usernames, passwords and banking details) by pretending to be a trusted source, often through email communication Spear phishing Email targeting a specific user, or many users at a specific organization Whaling A focused phishing email targeted against senior executives of a company, or those with special access to information (aka the “big fish”) Business email compromise (BEC) A form of phishing where a criminal attempts to get a worker, customer or vendor to send money or disclose private information by sending a phony email that appears to be coming from a trusted company figure Ransomware A type of malicious software, or malware, that is designed to deny access to, or "lock," a computer system until a sum of money (ransom) is paid Social engineering Within the cybersecurity context, social engineering describes an attempt to manipulate people into divulging confidential information or performing actions inimical to the interests of them or their organizations Let’s Get Your Baseline and Build a Custom Cyber Fraud Solution As your partner, we help develop a phased approach that starts with Optiv experts analyzing your organization’s current cyber fraud strategy. We then align the severity and the probability of a cyber fraud attack to develop a unified blueprint that also provides complete visibility of your assets. Our approach helps you: Identify the adversary, environment and specific TTPs used Establish governance documentation Create processes in compliance Integrate tools and technology to detect adversaries Adapt to the changing threat landscape Learn More About Our Cyber Fraud Services Cyber Fraud Services Brief Optiv’s cyber fraud strategy helps deploy the people, processes and technology you need to detect, protect against and respond to security threats. Get the Brief Image Cyber Fraud Related Insights Image Cloud is Resetting Cybersecurity Demands Security is often threatened by rapid transformation. This analysis offers advice to businesses migrating their operations and data to the cloud. Read More Image Software Supply Chain Compromise Software supply chain compromise explained: What you need to know and lessons learned. Watch OnDemand Image BadOutlook for C2 Given Office product functionality, it’s possible for adversaries to leverage Outlook's COM interface in attacks for extended persistence. Read More Speak to a Cyber Fraud Security Expert
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