solutions
E-crime intelligence
Our 24x7 comprehensive monitoring of the Digital Underground can help you transform your information security and anti-fraud operations from reactive to proactive.
We track cybercriminals and fraudsters wherever they operate to proactively identify and eliminate emerging threats and imminent attacks - before they rear their ugly heads.
Fraud Prevention
Customer Account Takeovers – Proactively identify and protect account takeover.
Whether you are trying to protect your customers’ financial, e-commerce, rewards program, or other accounts against unauthorized access and fraud, leverage our unique E-Crime Intelligence to quash account takeover schemes and credential stuffing attacks before they materialize.
Case Study
Q6 detected a sophisticated malware campaign targeting customers of a large global bank. The cybercriminal ring planned to take over and cash out hundreds of victim accounts. Q6 provided the bank with many of the compromised victim accounts ahead of the cash-out, as well as intelligence regarding the operation and the cybercriminal ring. The bank took immediate steps to protect these customer accounts and track the activities of the threat actors.
- Prevented over one million dollars in fraud losses.
- Implemented enhanced anti-fraud controls to defeat similar schemes going forward.
Payment Card Fraud – Prevent fraud of compromised credit, debit, and gift cards.
Merchant breaches show no signs of abating and fraudsters continuously find ways to bypass the latest anti-fraud controls. Bolster your anti-fraud program with our proprietary E-Crime Intelligence to flag and action compromised payment cards, merchants, and processors weeks before they are made public and the fraud starts piling up.
Case Study
A regional bank in the USA had been experiencing significant increases in debit card fraud losses and engaged Q6 to help. Q6’s E-Crime Intelligence platform discovered large amounts of the bank’s compromised payment cards trading on numerous criminal Dark Web marketplaces as well as “best practice” guides for cashing out the bank’s cards shared on prominent Dark Web communities. Q6’s ongoing monitoring enabled the bank to proactively identify and flag compromised accounts ahead of fraud, and to implement additional anti-fraud controls to block the fraudsters’ schemes.
- Debit card fraud losses reduced by over 30%.
Check Fraud - Prevent check fraud by flagging stolen, synthetic and forged checks well ahead of deposit
In line with the rapid growth of check fraud, the vast Dark Web ecosystem of financial crimes now includes established communities, vendors, and marketplaces dedicated to check fraud. Use it to your advantage to accurately flag and protect accounts that are at an elevated risk of experiencing check fraud. View data sheet.
Case Study
A tier-1 bank in the USA was suffering from a sharp and sustained spike in check fraud across multiple states. Q6’s E-Crime Intelligence platform – monitoring an ever-growing universe of Dark Web check fraud sources – collected hundreds of the bank’s compromised checks advertised for sale on a monthly basis. The bank implemented a process to preempt the imminent check fraud by closing the compromised accounts and substituting new accounts.
- $500,000+ in estimated monthly fraud loss savings.
- Eliminated fraud claims and related customer friction.
Fraud TTP’s – Track the latest fraudsters and schemes targeting your organization and peer companies.
Our deep coverage of the cybercriminal and fraud ecosystem yields cutting-edge, actionable insights on the most relevant fraudsters and the tools, techniques, and procedures they are deploying. Leverage this proprietary intelligence to enhance your anti-fraud controls and stay a step ahead of your adversaries.
Mule Accounts – Flag and prevent illicit fund transfers to and from mule accounts.
Witting and unwitting mules are critical components of fraud and other financial crimes. With our unique E-Crime Intelligence, proactively flag external and internal mule accounts to prevent illicit transactions and to remediate weaknesses in KYC and AML controls.
Q6 Anti-Fraud Consortium – Join “Q6 AFC”, our exclusive community of leading organizations fighting fraud.
Keep your fingers on the pulse of the latest fraud trends, schemes, and best practices in our client forum for intelligence sharing, collaboration, and support.
