Booz Allen Commercial delivers advanced cyber defenses to the Fortune 500 and Global 2000. We are technical practitioners and cyber-focused management consultants with unparalleled experience – we know how cyber-attacks happen and how to defend against them.
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Booz Allen was founded on the notion that we could help companies succeed by bringing them expert, candid advice and an outside perspective on their business. The analysis and perspective generated by that talent can be found in the case studies and thought leadership produced by our people.
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It’s no secret financial Internet fraud is a growing problem. In the second quarter of 2017 alone, account takeovers grew 45 percent and cost $3.3 billion in losses. In a world where fraudsters have the upper hand, traditional detection methods are no longer enough. Consolidating your fraud and cybersecurity capabilities into a single, integrated process can help your organization level the playing field and fight fraudulent cybercrime more effectively.
A fraud fusion center gathers fraud analysts, cyber threat intelligence, and cyber analysts to address fraud together. These centers are supported by a continuous loop of information exchange within a single ecosystem of technology, processes, and documentation.
Organizations must rethink their tools and methodology to address today’s fraud threats. Most organizations have at least some of the pieces they need to be effective, but the hard part is getting them to work together. Cyber and fraud teams must speak the same language, understand and agree on the different levels of compromise, and be willing to work together before they can effectively share data, people, and processes. With the right plan in place, any organization can reap the benefits of a fraud fusion center to beat cyber criminals.
Interested in building a fraud fusion center at your organization? Booz Allen can help. Learn more.