NuDetect’s latest upgrades have been highlighted in an article at FindBiometrics, where NuData Security is singled out as one of the few companies working in this field of fraud detection.
Behavioral biometrics specialist NuData Security has announced upgrades to its online fraud detection system. The company reports that NuDetect now offers 97 percent accuracy in user identification.
The main thrust of the enhancements is that the system has been refocused to look at the overall lifecycle of fraudulent activity, rather than just at incidents of fraud as they occur, as in the case of online purchases and so on. NuDetect now offers an “early warning system” via its upgraded user interface, providing clients with the ability to detect fraud up to 15 days before the actual act takes place. According to the company, clients are already reporting that they’ve discovered a strong correlation between NuDetect’s alerts and acts of fraud, with one company asserting that they were able to discover activity conducted by “an organized fraud ring”.
Read the full article over here on the FindBiometrics website.