How biometrics can keep fraudsters at bay

Fraudsters don’t stop their crimes because of a pandemic. They often seize the immense change that comes with an event like this to ramp up activity. With the recent shift to a stay-at-home world, there is a significant increase in fraudster attacks against call centers – testing for vulnerabilities by directly attacking work-at-home agents, or alternatively, pretending to be remote agents to test for weaknesses that may allow them to perpetrate fraud.

To keep bad actors at bay and ensure the security of their operations and customers, both government and private sector organizations must arm themselves with tools that will keep disruptions caused by fraud to a minimum. Organizations who have deployed biometrics are finding the technology to be incredibly useful in this effort because it can identify fraudsters, instead of relying on more traditional methods focusing on established suspicious transactional patterns.

There are applications for biometrics to help solve some of the new and more complex challenges organizations are facing today: 

Safeguarding customer and agent experiences: As contact centers struggle to cope with the influx of inquiries generated by the pandemic, it’s all too easy for a slow, stressful service interaction to send everyone’s day from bad to worse. Biometric authentication can play a crucial role in not only speeding resolutions and freeing up agent time but ensuring frustration levels are kept to a minimum by not creating unnecessary friction between the customer and agent. Biometrics can eliminate the need for any overt identification and verification process and remove pressure from frontline agents, reducing the chances they will make mistakes during a call.

Fighting new influx of fraud attempts: Many organizations, including financial institutions, insurance companies, telecom providers, and citizen-facing government agencies, are seeing a massive surge in call volumes as brick-and-mortar locations shut down. And, in some cases, they are seeing an enormous increase in inquiries and transactions across digital channels. With this surge, it’s a big ask to expect customer care agents to separate fraudsters from real customers while trying to address customers’ needs. . Afterall, it’s a customer care agents’ role to focus on helping customers. Biometrics proves to be an invaluable tool to automatically identify when fraudulent calls are being placed – removing pressure from frontline customer care agents and protecting them from social engineering.

Letting agents safely work from home without comprising security: Empowering agents to work remotely comes with a set of challenges, especially in the case agents are using their personal n laptops, desktops, and mobile phones on the job. This rapid shift to work-at-home agents has created countless opportunities for fraudsters, as the usual systems protecting contact center facilities are no longer present. There is vast potential for biometrics to improve internal security checks in these situations by verifying the identity of agents and preventing fraudsters from taking over agent accounts. Biometrics authentication also allows organizations to display less personal information on their customers to agents, which consequently reduces the risks of occupational fraud in a remote-work context where the lack of direct supervision represents an opportunity to bad actors within organizations.

Now more than ever, secure contact  centers are a necessity for organizations to  interact with customers. Learn more about what we are doing to help our customers stay safe – click here.

Brett Beranek

About Brett Beranek

Brett Beranek is responsible for overseeing every aspect of the security and biometric business at Nuance. Prior to joining Nuance, he has held over the past decade various business development & marketing positions within the enterprise B2B security software space. Beranek has extensive experience with biometric technologies, in particular in his role as a founding partner of Viion Systems, a startup focused on developing facial recognition software solutions for the enterprise market. Beranek also has in-depth experience with a wide range of other security technologies, including fingerprint biometrics, video analytics for the physical security space and license plate recognition technology. He has earned a Bachelor of Commerce, Information Systems Major, from McGill University as well as an Executive Marketing certificate from Massachusetts Institute of Technology’s Sloan School of Management.