Catching AI compute fraud before it blows through your forecast, without blocking the users you want to keep. Your AI compute budget started as a forecast, a clean line you could plan and price against. Lately that line keeps breaking: costs spike above plan with no launch or traffic win to explain them, and every …
Catching account takeover after the login — without adding friction for the users you want to keep. You’ve already locked the front door. The opportunity now is to extend that same confidence past the login, all the way to the session itself, so you catch abuse early, act with confidence, and protect revenue instead of …
Short answer. Organized fraud now operates like a business: specialized groups acquire, monetize, and resell access at scale, while most companies still investigate incidents one at a time. The teams pulling ahead stop treating each alert as a separate problem and start identifying the whole entity behind the activity, early enough to act. In one …
For many mature risk programs, the most significant challenge isn’t a lack of signal. Most organizations have spent years investing in sophisticated infrastructure, including complex scoring models, device and identity data, and diverse vendor platforms. On “paper”, the system appears robust: alerts fire, cases flow into manual review queues, and escalation paths are clearly defined. …
Most organizations don’t start with a clearly defined fraud problem. They start with something harder to explain. Revenue doesn’t reconcile cleanly. Behavior feels off but doesn’t trigger alerts. Complaints surface, but they don’t map to known patterns. The same edge cases keep resurfacing in different parts of the business. Nothing points to a single issue. …
Fraudsters are evolving faster than ever. For leaders in Trust and Safety, the challenge is not only to detect and prevent these threats but to measure their efforts in ways that resonate with executives and drive investment. Enter Eric Timmreck, a seasoned expert whose insights are helping fraud practitioners navigate this complex landscape. At FiveBy …
In summer 2024, 24 Hour Fitness faced a serious threat: card testing fraud. Fraudsters used stolen card data to flood the system with rapid, low-value transactions. Between June and mid-August, 27.7% of all transactions were fraudulent. The situation peaked in early August, when the surge in fraudulent activity caused the bank acceptance rate to drop …
“Automation excels at speed and scale, but it’s human insight that brings context and clarity.” In the fight against fraud, where tactics evolve rapidly, relying solely on one approach can leave gaps. Use automation to handle high-volume, precision-driven tasks, but always pair it with human expertise for nuanced decision-making. A balanced strategy ensures you’re not …
As an established leader in providing risk intelligence services to address fraud, compliance and security issues, we at FiveBy are fortunate enough to have some of the best people in the business working as part of our team. Many of our people are accomplished educators in the fraud, compliance and security space. As part of …
Don’t Let Your Eyes Deceive You The SANS Institute reported that 95% of all cyberattacks begin with social engineering – tricking people into disclosing sensitive information to a source they believe to be genuine. Many social engineering attacks use homoglyphs — characters or letters that look alike — to create usernames, emails, or other unique identifiers that …
