In brand protection, financial fraud refers to malicious activities aimed at deceiving customers and misappropriating their financial information, often for direct monetary gain or to damage the brand's reputation. This can involve various tactics, including spoofed websites that mimic legitimate e-commerce platforms, payment portals, or online banking interfaces to trick users into entering their credit card details, bank account information, or other sensitive financial data.

How ThreatNG Helps with Financial Fraud

ThreatNG provides a comprehensive suite of capabilities to combat financial fraud and protect brands from the associated risks.

External Discovery and Assessment

ThreatNG's external discovery engine enables it to identify and analyze potential threats without access to internal systems or credentials. This is crucial for detecting spoofed websites hosted on external servers that impersonate the brand's legitimate online presence.

ThreatNG's external assessment capabilities provide valuable insights into an organization's vulnerability to financial fraud. This includes:

• Web Application Hijack Susceptibility: ThreatNG analyzes web applications for vulnerabilities that could allow attackers to create fake payment portals or redirect users to malicious sites for financial information extraction. For example, it can detect if a web application is susceptible to cross-site scripting (XSS) attacks, which could be used to inject malicious scripts that steal user credentials or modify payment forms.

• Subdomain Takeover Susceptibility: ThreatNG assesses the susceptibility of subdomains to takeover attacks, which could be used to redirect users to spoofed websites designed for financial fraud. For example, it can detect if a subdomain has an expired SSL certificate, which could allow an attacker to take over the subdomain and host a fake payment portal.

• BEC & Phishing Susceptibility: ThreatNG provides a rating that assesses an organization's susceptibility to phishing attacks, including those that use spoofed websites to steal financial information. This rating considers various factors, such as the organization's email security measures and presence on the dark web.

• Brand Damage Susceptibility: ThreatNG assesses a brand's susceptibility to damage, including damage caused by financial fraud incidents. This assessment considers various factors, such as the organization's online reputation and presence on social media.

Reporting and Continuous Monitoring

ThreatNG generates detailed reports highlighting potential vulnerabilities and threats related to financial fraud. These reports can be customized to meet the needs of different stakeholders, including executives, security teams, and compliance officers.

ThreatNG also continuously monitors the external attack surface, allowing organizations to detect and respond to new threats in real time. This is crucial for identifying new spoofed websites or phishing campaigns targeting the brand's customers for financial fraud.

Investigation Modules and Intelligence Repositories

ThreatNG offers a variety of investigation modules that can be used to analyze potential threats in more detail. These modules include:

• Domain Intelligence: This module provides detailed information about a domain, including its DNS records, SSL certificates, and email security measures. This information can be used to identify spoofed websites using similar domain names or email addresses to impersonate the brand for financial fraud.

• Dark Web Presence: This module monitors the dark web for mentions of the organization, including mentions of compromised credentials, phishing campaigns, or fraudulent activities related to the brand. This information can be used to identify potential financial fraud schemes targeting the brand's customers.

• Social Media: This module analyzes social media posts and activities related to the organization, helping to identify potential scams, misinformation, or fraudulent schemes that leverage the brand's name or likeness.

ThreatNG also maintains various intelligence repositories containing information about known threats and vulnerabilities. These repositories include:

• Dark web: This repository contains information about compromised credentials, phishing campaigns, and other threats being discussed on the dark web, including those related to financial fraud.

• Known vulnerabilities: This repository contains information about known vulnerabilities in software and hardware, including vulnerabilities that could be exploited to conduct financial fraud.

Working with Complementary Solutions

ThreatNG can integrate with various complementary solutions to provide a more comprehensive approach to financial fraud prevention. These solutions include:

• Fraud detection and prevention solutions: ThreatNG can integrate with fraud detection and prevention solutions to provide additional layers of security for online transactions and payment processing. This helps to identify and block suspicious activities that may indicate financial fraud.

• Threat intelligence platforms: ThreatNG can integrate with threat intelligence platforms to provide more context about potential threats, including those related to financial fraud. This allows organizations to make more informed decisions about responding to possible attacks and protecting their customers.

• Security awareness training platforms: ThreatNG can integrate with security awareness training platforms to educate employees and customers about financial fraud risks and how to identify potential scams. This helps to create a more secure online environment and reduces the risk of successful attacks.

Examples of ThreatNG Helping

• ThreatNG identified a spoofed website using a domain name similar to a customer's website to phish for user financial information. The customer could remove the spoofed website and prevent further damage to their brand reputation.

• ThreatNG's BEC and Phishing Susceptibility assessment proactively identified a customer's heightened vulnerability to phishing attacks. This early warning enabled the customer to implement proactive measures, such as employee education and enhanced email security protocols, ultimately preventing a potential phishing campaign from compromising any credentials. 

• ThreatNG identified a customer's payment processing system vulnerability that could have been exploited to steal financial data. The customer was able to patch the vulnerability and prevent any potential attacks.

Examples of ThreatNG Working with Complementary Solutions

• ThreatNG integrated with a customer's fraud detection solution to provide additional layers of security for online transactions. This allowed the customer to identify and block fraudulent transactions that were attempted using stolen credit card information.

• ThreatNG integrated with a customer's threat intelligence platform to provide more context about a potential phishing campaign targeting their customers for financial fraud. This allowed the customer to proactively block the phishing emails and protect their customers from possible harm.

• ThreatNG integrated with a customer's security awareness training platform to educate their employees about financial fraud risks and how to identify potential scams. This helped to reduce the risk of employees falling victim to phishing attacks and social engineering schemes that could lead to financial fraud.

By leveraging its comprehensive capabilities and integrating complementary solutions, ThreatNG provides a robust defense against financial fraud attacks. This helps organizations protect their brand reputation, maintain customer trust, and prevent economic losses for the company and its customers.