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Enterprise Fraud Detection & Prevention |
 
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 Intellinx In Practice
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Intellinx is utilized by leading financial, government, healthcare and utilities organizations around the world. Due to the sensitive nature of the Intellinx implementation, typically for internal fraud detection, most of Intellinx customers do not agree to publicize their usage of Intellinx. Following is information on several implementations of Intellinx, for which the customer have not agreed to expose its name.
Click on the items below to learn more:
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An international bank saves more than 1 million dollars using Intellinx
An international bank with branches in 20 countries and more than 100 billion dollars in assets under management, utilizes Intellinx for complying with a new Basel 2 Operational Risk equivalent regulation that requires banks to maintain a very detailed audit trail of user access to customer data including all update and query activities. The bank had a log of some of the update transactions but none of the query transactions. Implementing a log for all the transactions required changes in thousands of mainframe application programs. The bank estimated that it would require about 100 programmer-months to accomplish this task, with total cost of over 1 million dollars. Alternatively, the bank implemented Intellinx and achieved immediate compliance with the new regulation without changing a single line of code, saving over 1 million dollars. A Senior Vice President and Head of Operations Division at the bank said “As a financial institution we need to comply with government regulation that requires a full audit trail of both update transactions and queries. Intellinx allowed us to comply with this regulation after a very short implementation process saving the bank many programmer-months that would have been, otherwise, invested in altering our online applications. Intellinx non invasive solution poses zero overhead on our infrastructure and requires very limited disk space.” |
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A credit card company detects information leakage
| A credit card company implemented Intellinx for detecting information leakage and internal fraud. The company is using Intellinx for recording user activity in the corporate internal applications allowing the internal auditors to replay every screen and keystroke of every end-user. The company utilizes the Intellinx business rules for tracking end-user behavior patterns generating alerts on exceptions in real-time. This effort was proved fruitful several weeks after the installation, when an employee who was misusing his authorized access was detected by the system. |
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A large government agency deters employee fraud
| A large government agency with more than 11,000 employees has implemented Intellinx for recording the activity of all its end users in the internal business applications, generating a very detailed audit trail of user access to citizens’ sensitive data. The agency has informed all of its employees and contractors that from now on all their actions are being recorded in order to deter potential fraud and information leakage. |
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An international European insurance company detects internal fraud of privileged users
| A European insurance company deployed Intellinx for detecting internal fraud. One of the main objectives was to track the activity of privileged IT users including Database administrators, System administrators and Programmers. These users pose a special threat due to their technical knowledge and authorized access to internal servers and system resources. Intellinx business rules were implemented for generating alerts in real time on suspicious behavior such as attempt to update data in a production database by a privileged user using a database utility that cannot be traced by other means except for Intellinx. |
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