Prevent Account Takeover Fraud in the life insurance industry
NTT DATA customers are seeking solutions to prevent account takeover (ATO) attacks, specifically for the insurance industry. Account takeover fraud is a form of identity theft that is used to obtain access to an cash value of a life insurance policy or an annuity. A growing number of these attacks are targeting portals (mobile/web) and/or customer service centers, and are using spoofed caller IDs and stolen PII to manipulate unsuspecting customer service professionals. Insurers need a cohesive and integrated solution to predict, prevent, detect and resolve ATO related fraud, via intelligent authentication and smart correlation of events leveraging biometrics, analytics, AI and ML.
- Related keywords
- artificial intelligence
- machine learning
- Social challenges to be addressed through collaboration
Industry, Innovation and Infrastructure
- Market size of collaboration business or business scale
- $1.5B US, $2.5B WW
- Assets and opportunities to be offerred
Customers or segments
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