Gartner Market Guide
Cyxtera Named Representative Fraud Hub Vendor in 2018, Market Guide for Online Fraud Detection 

ACCESS FULL REPORT »

Gartner Market Guide for Online Fraud Detection

Access Full Report

  ©  Cyxtera. All rights reserved.

 Privacy Policy                 Terms of Use

SECURE ACCESS

“Online fraud detection is growing in complexity and demand, and its tools are being used for risk-based authentication and new account fraud prevention. Security and risk management leaders involved in online fraud detection should use machine-learning analytics and cloud-based deployment options.”

Gartner, Market Guide for Online Fraud Detection, Jonathan Care, Tricia Philips, 31 January 2018.


Find out what Gartner recommends to security and risk management leaders responsible for fraud prevention and payment security, including:

  • Align with cross-organizational groups, such as security, identity and access management, credit/underwriting to map out digital, and contact center use case technologies. This will help detect high-risk or anomalous activity and identity which solutions can support multiple use cases to enable greater investment in new capabilities.

  • Quantify the revenue impact of false positives and poor customer experience due to legacy techniques and policies aimed at reducing fraudulent events. Consider an expanded ROI calculation to increase revenue opportunities, as well as reduce potential fraud losses.

  • Experiment with unsupervised or semisupervised machine learning for the evaluation of customer activity across multiple channels. This should include data from existing OFD tools, point solutions that detect behavior anomalies and connections between seemingly disconnected fraud attacks, and identify opportunities to reduce false positives.

* GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Fix the following errors:
Hide