NICE Actimize is a fraud detection solution, acquired and now supported by Nice Systems since 2007.
N/A
F5 Distributed Cloud Bot Defense
Score 8.7 out of 10
N/A
F5 Distributed Cloud Bot Defense (formerly Shape Defense, acquired January 2020) provides security to protect a website from bots, fake users, and unauthorized transactions, preventing large scale fraud and eroded user experiences. Companies get visibility, detection and mitigation outcomes to reduce fraud and cloud hosting, bandwidth and compute costs, improve user experiences, and optimize their business based on real human traffic.
Most of the firms that use this tool range from the biggest banks to budding financial firms. It provides custom solutions to garner the business needs and regulatory requirements which are continuously becoming complex needs for all. It is also a gradually evolving tool/product adding more and more solutions and features down it road to constantly be able to deliver to the client needs.
I'd strongly recommend it, but with a few caveats depending on how mature the team is with behavioral based security tools. One of our fintech clients was getting hit with low volume, widely spread login attempts, below our rate limiting thresholds. F5 Distributed Cloud Bot Defense was able to flag abnormal input timings, inconsistent device fingerprinting and high entropy in field population behavior. You can only imagine the wave of downstream account lockouts this saved the client. On the other end we had a client with a real time trading platform using Graphql over websockets. F5 Distributed Cloud Bot Defense wasn't able to tap into that stream natively. we had to reverse engineer a proxy layer to inspect events. It worked but it was clunky and not officially supported
The overall UI is very clean and friendly. The operations team will find the RCM Dashboard very useful and easy to operate while the analytics team will have no problem working on the policy manager for creating new fraud detection rules.
Ene to end fraud solution. Cover Card fraud, Remote Banking, Deposit fraud, Employee fraud and commercial banking.
The ability to use Actimize internal scoring system and creating additional custom scoring system . Integrating both in fraud detection scenarios.
Regularly analyze traffic patterns and bot activity. Use the insights provided by the platform to refine rules and policies.
Configure rules to specify acceptable behavior for user interactions and alter sensitivity levels as appropriate to reduce false positives.
Integrate F5 Bot Defense into our existing security stack, which may include WAFs (Web Application Firewalls) and SIEM (Security Information and Event Management) solutions.
Official support can sometimes take time to reach the right people. However, once you are in contact with the appropriate experts, the support is excellent, as F5 staff are true specialists. On the other hand, we always receive prompt assistance from our local sales team, who typically help us connect with the right people quickly.
Implementation of Distributed Cloud is accomplished a few different ways, it would pay to meet with the F5 team and map out your implementation prior to acquisition to make sure you Infrastructure and Operations teams are aligned to the approach and requirements.
As a fraud prevention consultant i worked both with Actimize IFM And Fico Falcon. For Card Fraud (debit/credit) Falcon has an advantage, but on the end to end fraud Actimize is a better investment.
Clodflare bot management was our other obvious option for us. We tested it on a staging version of our RFQ platform. It was great for broad traffic filtering but had a hard time with nuanced differences between real subcontractors and low volume bots mimickingt human input whereas that's where F5 Distributed Cloud Bot Defense thrived
We experience large web/data scraping attack campaigns and F5 Distributed Cloud Bot Defense over the years has helped mitigate these for us and significantly reducing load off of our origin servers.
Also, we experience many large Credential Stuffing attacks and F5 Distributed Cloud Bot Defense helps us stop these attacks and protects our customers.
