Reducing Insurance Fraud With Behavioral Biometrics

Presented by

Uri Rivner, Chief Cyber Officer and Co-Founder

About this talk

There are many faces of fraud in the insurance market - using stolen identities to obtain a new policy - or just as troubling, an account takeover to make a false claim or change payee information to receive claim funds. And when fraud hits, it hurts everyone in the pool. In fact, according to the Federal Bureau of Investigation (FBI), annual losses related to insurance fraud is approximately $40 billion, costing the average American family $400-$700 in increased premiums each year.

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Welcome to the Behavioral Biometrics World. BioCatch's behavioral biometrics detects online threats and stops financial fraud. Here you can get the latest news and trends on continuous authentication, online users, fraudsters, and malware.