BioCatch Launches World's First 'Art of Fraud' Online Exhibit

The exhibit illustrates various malware patterns produced by fraudsters and the resulting financial costs for banks

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Sep 23, 2014, 09:00 ET

BOSTON, September 23, 2014 /PRNewswire/ --

BioCatch™, the global leader in Cognitive Biometrics™ and authentication solutions, announced today that its 'Art of Fraud' gallery, the world's first online exhibit displaying paintings generated by actual malware attacks on banking sites, is now open to the general public.

The paintings in the gallery were captured using BioCatch's Cognitive Biometrics™ platform when analyzing user behavior to detect online banking fraud. Each painting in the exhibit depicts the movement of an actual malware attack that occurred. They also provide attack details such as date, location and potential loss.

"We are very excited to share our findings in the 'Art of Fraud' exhibit so that the public can, for the first time, visualize and understand the 'behind the scenes' mechanism of online banking fraud," said Benny Rosenbaum, CEO of BioCatch. "BioCatch consistently works to stay ahead of the game in combating fraud. With each attempted malware attack spotted by BioCatch Cognitive Biometrics™ technology, we are able to derive valuable information that helps us identify and defend against new threats, providing the most sophisticated and up-to-date protection for our customers."

The 'Art of Fraud' exhibit displays both the malware's general movements across the screen, movements made while conducting money transfers, and the reactions to BioCatch's Invisible Challenges^TM.

If you are interested in learning more about the 'Art of Fraud' or ordering a print from the exhibit please click here.

About BioCatch

BioCatch is a leading provider of Cognitive Biometric™ and authentication solutions for mobile and Web applications. Available as a cloud-based solution, BioCatch proactively collects and analyzes more than 400 cognitive parameters to generate a unique user profile. Banks, eCommerce websites and mobile apps use BioCatch to significantly reduce friction associated with risky transactions and protect users against cyber threats, such as Account Takeovers, Man-in-the-Browser (MitB) Malware and Remote Access (RAT) attacks. Additionally, BioCatch provides an enterprise tool that improves the employee authentication experience while protecting access to critical IT assets. The Company was founded in 2011 by experts in neural science research, machine learning and cyber security and is currently deployed in leading banks, eCommerce sites and enterprises across North America, Latin America and Europe. For more information, please visit http://www.biocatch.com.

Media Contact:
Rachel Glaser
GK PR for BioCatch
[email protected]
+972-54-250-9439

SOURCE BioCatch