Infosecurity: Fraud Detection System (FDS)

The Fraud Detection System (FDS) system is the solution intended for on-line of detection of fraudulent activity at service of clients by bank in the systems of the remote banking (RB). The solution completely corresponds to specifics of banking business in the Russian Federation.

The main goal of system implementation consists in the increase in resistance of systems for remote servicing of bank to plunder of money reached due to increase in level of information security when carrying out payments on the party of Bank. These measures are necessary since the low level of understanding by clients of risks and threats of information security leads to ignoring of elementary requirements of information security by them, at the same time the significant damage is caused to image of Bank.

Providing the raised security level is reached by automatic check of payment on compliance to the set rules and standard behavior model of the client in the RBS systems.

Key features of Fraud Detection System

• High percent of identification of a fraud (more than 90%)
• High processing speed and scaling option of a system
• Ability to integrate from any core banking system and SDBO, including own developments of bank
• Web access for operators of a system (access from branches);
• History logging of all actions of operators
• Qualitative management reporting, complete statistics on system operation
• The preset rules of identification of fraud developed on the basis of detailed statistics of a fraud in Russia and the behavioural analysis of swindlers of a system and adjustment (in need of) scoring model
• Accounting of statistics of Bank regarding fraud in the course of implementation

Options of the Fraud Detection System installation