SIM swap fraud incidents have increased by 60% since 2016. As a result, financial institutions are under increasing threat from fraudsters that use SIM swap to take over customer accounts.
Driving awareness about the growing threat and creating guidelines to protect customers alone is not sufficient. Banks need to deploy preventive mechanisms to proactively identify these incidents and trigger real-time alerts and corrective actions.
This Datasheet covers how you can easily integrate our market leading, intelligent and secure SIM swap fraud detection solution to assess risk levels and take preventive action once potential fraud has been identified.