2022 Gartner® Market Guide for Online Fraud Detection

Report

2022 Gartner® Market Guide for Online Fraud Detection

As online fraud detection grows beyond traditional use cases, what qualities should security and risk management leaders look out for in a solution? Get key recommendations for navigating the online fraud detection market from Gartner Research.

“Fraudsters often operate within specific geographical regions and typically target organizations with the weakest countermeasures. Once an attack pattern has been stopped or is no longer relevant, fraudsters either change their tactics or switch targets. Thus, it is imperative that an OFD (Online Fraud Detection) platform can learn and improve from confirmed loss events within specific geographies (ideally across borders and globally), not just within a single organization. This requires the platform to have the ability to share anonymized telemetry about users, devices, and event outcomes (particularly confirmed frauds) across an entire network and for all customers. Systems, policies and algorithms can then be updated in real time to defend against evolving threats.”*

Read the Market Guide to learn:

  • Why businesses should favor vendors with global networks for effective fraud detection
  • How to derive more value from online fraud detection solutions
  • What key developments are expected in the online fraud detection market

 *Gartner, Market Guide for Online Fraud Detection, Akif Khan, Dan Ayoub, 12 December 2022

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
+

https://www.gartner.com/reprints/sift?id=1-2C08C6Y1&ct=221214&st=sb

Secure your business from login to chargeback

Stop fraud, break down data silos, and lower friction with Sift.

  • Achieve up to 285% ROI
  • Increase user acceptance rates up to 99%
  • Drop time spent on manual review up to 80%
Your information will be used to contact you about our service and subscribe you to our direct marketing communications. You can, of course, unsubscribe at any time. Please see our Website Privacy Notice.