08/23/2019

Visa Adds New Security Capabilities to Detect Fraud and Disrupt Threats

The State of Security

Visa unveiled a suite of new security capabilities designed to help detect fraud and disrupt threats targeting financial institutions and merchants.

At its U.S. Security Summit 2019, the multinational financial services corporation announced that the new capabilities will be available to all Visa clients at no additional cost or sign-up. The company specifically highlighted the following four measures:

• Vital Visa Signs: Monitors transactions, notifies institutions of potentially fraudulent activity at ATMs and enables the financial services company to step in and suspend the malicious activity, if need be.
• Visa Account Attack Intelligence: Applies deep learning on the corporation’s card-not-present transactions in an attempt to identify those financial institutions and merchants whom fraudsters might be targeting via automated testing.
• Visa Payment Threats Lab: Sets up an environment where the company can test a client’s settings for errors that could produce a vulnerability.
• Visa eCommerce Threat Disruption: Uses technology and other techniques to scan front-end eCommerce websites for signs of payment skimming malware

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