HDFC Invests in customer banking protection with an online anti-fraud strategy

Read the full case study to know how enhanced visibility of its online platform security enabled HDFC to prevent, detect, and respond to fraud risks more effectively.

Sep 30th 2011

Summary:

HDFC bank was looking to maintain its industry-leading position by being the first bank in India to offer online third-party transactions, and   protecting customers’ private details with real-time fraud/threat detection. The bank implemented a risk-based authentication and fraud detection system which offered 24x7 monitoring of online security risks. The threat-detection service has been so effective that the bank has already seen a 60 percent reduction in phishing attacks and a decrease in successful fraud activities against its customers to almost zero.

Read the full case study to know how enhanced visibility of its online platform security enabled HDFC to prevent, detect, and respond to fraud risks more effectively.

HDFC bank was looking to maintain its industry-leading position by being the first bank in India to offer online third-party transactions, and   protecting customers’ private details with real-time fraud/threat detection. The bank implemented a risk-based authentication and fraud detection system which offered 24x7 monitoring of online security risks. The threat-detection service has been so effective that the bank has already seen a 60 percent reduction in phishing attacks and a decrease in successful fraud activities against its customers to almost zero.

Read the full case study to know how enhanced visibility of its online platform security enabled HDFC to prevent, detect, and respond to fraud risks more effectively.