Page 202 - Cyber Defense eMagazine August 2024
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work together to identify, assess, and resolve vulnerabilities. This process often takes weeks or months,
leaving users vulnerable and eroding trust in the brand.
Adaptability is Essential
Navigating the complexities of a robust fraud and security strategy can be a challenge. Are your team
able to read the latest security briefs, devise strategies, and implement solutions within the same day?
Instead of focusing solely on individual breaches, the industry must embrace a broader perspective on
adaptability and look to comprehensive solutions that combine proactive detection with the ability to apply
rapid, confident changes.
Gartner* advises that the orchestration of multiple Online Fraud Detection (OFD) solutions not only
reduces this complexity but also provides a more dynamic and adaptive UX for the user.
Businesses not only need a 360 view of their users, but it also needs to be accessed and actioned upon
by multiple business units.
Holistic and Integrated Solutions
Integrated solutions offer a holistic view of user behavior and context, allowing organizations to
dynamically adapt security measures in real-time. This not only mitigates risks but also enhances trust.
Today’s solutions need to empower security teams to be able to:
- Review daily security updates.
- Identify threats targeting specific user groups, such as those affected by recent data breaches.
- Dynamically adjust authentication processes to enhance security without compromising the user
experience.
Such a proactive, adaptive approach is crucial for addressing fraud and security in today’s fast-paced
environment.
Proactive and Adaptive Fraud Management
Organizations can stay ahead of evolving threats while maintaining trust and reputation with their users
by adopting integrated, adaptive solutions that prioritize real-time detection and response. Journey-time
orchestration solutions such as Callsign gives organizations this flexibility, helping balance security and
user experience.
Cyber Defense eMagazine – August 2024 Edition 202
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