Memcyco Real-time Digital Risk Protection (DRP) and ATO Fraud Prevention

In our State of Digital Impersonation Fraud Resilience 2024 survey, we learned that, of the 72% of businesses that use a digital impersonation protection solution, only 6% confirmed its effectiveness. Our product provides a real-time alternative that proactively protects companies and their customers from phishing-based impersonation attacks.

After a quick install into your site code or injection via WAF, you will gain instant digital impersonation, scam detection, protection, and disruption capabilities. These capabilities enable proactive, rapid response, attack mitigation, and safeguarding against ATO fraud and similar scams.

Real-time Detection of Attack Preparation Instantly detect digital impersonation attempts from the attack inception, including website code reconnaissance, cloning attempts, fake site URL registration, and fake site go live all without need for scanning.

Real time ATO Fraud Protection Accurately predict ATOs and reduce them by over 50%, with overt and covert customer protection. Overt - Red Alerts are displayed on top of the offending site, warning customers not to enter data; your company is notified as well. Covert - Marked decoy data replaces credentials or card data entered on the malicious website.

Real time Credit Card Scam Protection Mitigate the business cost and customer impact of financial fraud. Auto-swap potentially exposed card data, right at the moment of theft, with marked decoy data. When fraudsters try to use them, they will expose traceable device information, and lock themselves out.

Subscription Abuse Protection Tackle account sharing, free trial abuse and other subscription abuse scams, with proprietary user-device mapping that is more robust and accurate compared with the approach of using IP addresses to infer user-device pairing. Detect multi-device impersonation of single users, and vice versa. Get alerts, reports and API-based data insights.

Real time Fake eShop and Counterfeit Protection Allow e-commerce brands to detect impersonating sites instantly when they pop up, without the need for scanning, and prevent customers from falling for scams. This helps protect revenue, maintain brand equity, prevent customer churn and increase customer lifetime value.

Memcyco also offers solutions for the following digital impersonation scams: loyalty program fraud, credential stuffing attacks, non-authenticated user fraud, SEO poisoning, MitM attacks, and more.