Account Takeover (ATO) & Social Engineering Fraud

How We Secured Core Banking Operations

With Real-Time Monitoring & Intelligent Fraud Prevention

Case

In Southeast Asia, digital fraud losses continue to surge, with phishing, credential theft, and social engineering driving massive financial losses. For example:

Deepfake and identity manipulation fraud in the Asia-Pacific region soared by over 1,550%, with social engineering increasingly used to trick users into divulging login credentials or MFA codes.
Financial consumers in Indonesia reported trillions of rupiah in digital scam losses, with fraudsters often bypassing weak authentication like SMS-OTP.

This results in unauthorized access, drained accounts, customer churn, and regulatory scrutiny.

How SHIFRAUD Solves It

SHIFRAUD prevents ATO and social engineering attacks by:

Real-Time Credential Risk Scoring: Evaluates attempts using network/device/behavior signals.
Adaptive MFA Triggers: Automatically steps up verification when risk exceeds thresholds.
Behavioral Biometrics: Detects anomalies in login patterns not visible to traditional systems.
Device & IP Reputation: Flags suspicious or spoofed access before compromise.
Automated Response Actions: Blocks risky sessions and triggers case alerts for high-severity events.

With vs Without SHIFRAUD

Without SHIFRAUD :

High rate of unauthorized access
Manual investigations overload teams
Customers face lost funds & trust

With SHIFRAUD :

Early detection of credential misuse
Intelligent, low-friction authentication
Reduced operational burden & fraud loss

Industry Advantages Using SHIFRAUD

Stronger Digital Identity Assurance

Continuous risk scoring, behavioral device reputation ensure only legitimate users gain access—meeting modern digital security expectations.

Reduced Customer Churn & Complaint Volume

Early detection of suspicious access protects user accounts before funds disappear, preserving trust and retention.

Significant Drop in Unauthorized Access Losses

Real-time intervention limits escalation, reducing write-offs and investigation overhead.

We offer comprehensive after-sales services, maintenance, and technical support to ensure the seamless operation of the applications or systems we build.