Blog
Fraud Case Management: What It Is, How It Works, & Why You Need It
Read More
Automate Fraud Prevention
Preventing fraud is a top cybersecurity challenge for financial institutions. To prevent it, it’s essential to use automation to unite security operations (SecOps) and fraud teams.
cybersecurity challenge for financial institutions
#
1
Regulated financial
institutions are obliged to report them frequently to authorities.
of fraud and security team work together
13
%
Combining security and fraud teams is essential to combat threat, but still a distant goal for financial institutions.
plan to adopt security automation
97
%
In 12 months financial institutions will use automation for collaboration & efficacy of SecOps processes.
Reduce Risk of Fraud
Mitigate fraud exposure and impact by reducing your mean time to detect (MTTD) and respond (MTTR). Whether your organization is exposed due to phishing or a ransomware attack, Swimlane Turbine can automate fraud detection and response workflows to put you in control.
Save Time Investigating Fraud
Shift analysts’ time from administrative, repetitive, and error-prone tasks, to strategic work like running optimized investigations and case management around fraud. Turbine helps orchestrate cyber fraud cases while quickly executing required actions following a fraud event.
Protect Corporate Profits
A fraudulent event can severely impact corporate profits and shareholder value. A proactive investment in security automation can help protects your corporate reputation and revenue. Turbine force-multiplies your fraud defense measures with robust orchestration, automation and response capabilities.
Reduce Silos within Teams and Tools
Turbine streamlines data gathering, case management, workflow, and reporting into a single platforms enabling joined-up approach to security and fraud.
State of Security for Financial Services
Cybersecurity is a highly nuanced and complex discipline. Swimlane partnered with OMDIA to survey 304 senior executives at financial institutions responsible for making cybersecurity decisions. The “State of Security for Financial Services” report, which uncovered the finance industry’s cybersecurity challenges and the key to overcoming them.
With our existing talent pool, we turned to Swimlane’s low-code security automation offering to create a centralized system of record for our Security Operations Center (SOC) and remove dependencies on a host of manual processes.
Tanajak Watanakij
Chief Information Security Officer
I would recommend Swimlane to my peers, to all security operations departments and even to the C-level. It gives you a very robust look into the environment and gives your analysts the abilities to work efficiently within a single platform.
Jonathan Kennedy
Chief Information Security Officer
