Authentication and
Fraud Detection

“We would like to make SCHUFA more customer friendly. Therefore, all citizens will now be able to simply query their information online ... Entrust IdentityGuard offers the ideal combination of security and services with added ease of use.”

Rainer Neumann
Chairman of the Board
SCHUFA

Layering Authentication and Fraud Detection To Increase Security

Increased consumer expectations, and in many cases increased regulations, are causing you to implement stronger authentication techniques than username and password. Much of the debate has been about which user authentication method is better — a one-time-passcode token, a grid card, machine authentication with IP-geolocation, questions and answers, out-of-band one-time-passcodes, or digital certificates. At the same time, with the increased sophistication of phishing and other online attacks, the need to more effectively authenticate a site back to the user is becoming more and more relevant to protecting consumer's identities.

Versatile Authentication
We believe that each authentication method has its place, and you shouldn't have to choose only one method. Equally applicable inside and outside of the enterprise, you need the flexibility to more strongly authenticate users in ways that make sense not only from a security point of view, but also from a cost and usability perspective. This is why we developed our authentication platform to be open and "versatile" — allowing you to leverage multiple authentication methods from a single platform and basing authentication on unique audience requirements as well as the risk of a given transaction.

Zero Touch Fraud Detection
For fraud detection, we offer a next-generation "zero touch" fraud detection solution that requires no integration with back-end applications. Our non-intrusive approach costs you less to deploy and update, while at the same time enables us to capture and store all the data.

Why is this important? First, fraudsters are sophisticated and evolving rapidly, making it imperative that you are able to recognize and catch new fraud as quickly as possible so that you can help prevent fraud from harming your customers and your organization. Solutions that call for integration with back-end applications typically require modification of those applications in order to capture the latest fraud patterns, typically necessitating expensive, time-consuming updates. One customer told us it costs them more than $200,000 and four to six months every time they need to make a change to their application to capture newly discovered fraud patterns. For our solution? It's a few minutes of the fraud analyst team's time and the organization is protected.

In addition, our solution stores all of the data, making it possible to do forensics on the newly discovered fraud patterns. Unlike other solutions that are limited to specific monitoring points, our solution gives you the ability to easily review past transactions for all users and see if that same pattern was perpetrated on another customer. Having all the data can also assist law enforcement agencies in the apprehension of criminals because the historical data is available when needed to retrace their steps.

A Winning Combination
Combining our authentication and fraud detection solutions, you will have the ability to escalate authentication based on the real-time risk of a customer's behavior rather than forcing all users to authenticate based on a static policy. Known as risk based authentication, this powerful combination will afford your customers a better online experience and you their longer-term loyalty, as the user will only be interrupted when it makes sense.

Entrust is a trusted security advisor
As a trusted security expert, Entrust provides layered security solutions that help provide confidence for consumers, enterprises and governments, enabling them to do business with each other more securely. With more than 100 patents granted or pending, our solutions help enterprises secure channels of communication, which allows information-sharing among stakeholders and enables compliance with information security and government regulations. More than 1,650 customers in 60 different countries across the globe leverage Entrust's world-class solutions.

Contact us to begin a layered security strategy today.