Case Study: Large Financial Institution achieves multi‑million‑dollar fraud savings and prevents malware-driven account takeovers with LexisNexis Risk Solutions

LexisNexis® Risk Solutions Helps Curb Malware Attacks on a Large Financial Institution, Reducing Fraud Losses

A large financial institution offering retail, business and private banking was facing increasingly sophisticated social‑engineering attacks that tricked customers into installing remote access software or malware. These attacks sometimes piggybacked authenticated sessions and bypassed strong two‑factor controls, enabling account takeovers, payment fraud and escalating fraud losses. The bank needed near real‑time analysis that could compare current session behavior to historical patterns and accurately flag or block anomalous activity without disrupting legitimate customers.

LexisNexis Risk Solutions deployed ThreatMetrix to perform full, near real‑time behavioral profiling across registrations, logins, navigation, payments and page interactions, using device/page fingerprinting, honeypots, mobile SDK checks and global shared intelligence to spot malware, RATs, man‑in‑the‑browser and anti‑detect tool use. The solution stopped targeted malware attacks quickly with zero false positives, blocked identity‑spoofing and account‑takeover attempts, uncovered fraud networks and delivered multi‑million‑dollar monthly fraud savings while preserving a friction‑free experience for trusted users.