Combat fraud and increase customer satisfaction
HP ArcSight ESM solution helps Finansbank
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Turkey’s Finansbank needed a way to spot potential fraud among millions of electronic transactions. But implementing a commercial fraud management application would take 18 months - far too long. Based on their experience using HP ArcSight Enterprise Security Manager (ESM) for IT security operations, they decided to adapt HP ArcSight ESM for fraud management.
Within six months Finansbank was able to use HP ArcSight ESM to authorize transactions in near real time. Using its flexible rules engine and advanced correlation, they reduced false positives by 90% and the time to resolve flagged transactions by 80%. Read the report to learn how.