Why do you need enterprise fraud management software? Because your trusted employees commit more fraud and compliance violations than anyone else.
According to industry experts, insider fraud accounts for up to 60 percent of bank fraud cases in which theft of funds has occurred. Given that “trusted” insiders have the potential to devastate an institution, it is astounding to discover that over 50 percent of fraud incidents go unreported. With all this fraud occurring, why do businesses think that it’s “just the other guy”? Chances are that it’s happening in your organization right now.
What if you could:
- See fraud as it actually occurs and respond proactively—instead of waiting for tips from informants?
- Replay user activity screen by screen—across multiple data channels—to quickly distinguish between normal and fraudulent behavior?
- Stop policy abuse without having to roll out a six-month training plan on corporate responsibility?
- Turn back the clock on fraud with historical queries on collected data?
NIAC Definition of Fraud
In a recent report on insider threat, the National Infrastructure Advisory Council (NIAC) stated:
“The insider threat to critical infrastructure is one or more individuals with access and/or inside knowledge of a company, organization, or enterprise that would allow them to exploit the vulnerabilities of that entities’ security, systems, services, products, of facilities with the intent to cause harm.”
This definition expands the group of potential insiders beyond company employees, to include vendors, consultants, and contractors with any access to the facility or IT systems.
With Luminet enterprise fraud management software, you can do all that and more. Here’s how:
- 100% visibility
Luminet captures a complete, real-time, over-the-shoulder view of user activity across multiple data channels. You can see everything and place it into context.
- Ability to track behavior and score activity across multiple systems
Unlike other enterprise fraud monitoring systems, Luminet can score user activity and alert you to events that cross a pre-defined threshold. This capability eliminates false positives and frees you up to spend time chasing the real bad guys.
- Enhanced Case Manager and Investigation Center
With Luminet’s enhanced Case Manager and Investigation Center ready to roll right out of the box, you can be up and running in no time. Simply by installing Luminet and letting it run, you can capture data and analyze patterns from within the Investigation Center. Comprehensive link analysis and powerful visual displays allow you to connect the dots quickly. The Case Manager provides a simple way to track and store ongoing investigations as you work.
Isn’t it time to discover the hidden threats to your organization?
Let Luminet gather the intelligence you need to take informed action against enterprise fraud.
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