Fraud is growing globally, forcing businesses to work harder on security. One way of combating fraudulent activities effectively is through deploying such robust strategies whose costs and benefits can only be balanced properly by considering the financial or reputation consequences associated with each approach. This will include the use of advanced identification verification solutions as a critical approach. Among these, behavior monitoring solutions emerge as a proactive means to intercept and thwart fraudulent attempts before they escalate. https://www.idmerit.com/blog/how-behavior-monitoring-solutions-level-up-security/

1. Stop Fraud in Its Tracks: How Behavior
Monitoring Solutions Level Up Security
Posted on May 12, 2024 by Jay Raol
Fraud is growing globally, forcing businesses to work harder on security. One way of combating
fraudulent activities effectively is through deploying such robust strategies whose costs and benefits
can only be balanced properly by considering the financial or reputation consequences associated with
each approach. This will include the use of advanced identification verification solutions as a critical
approach. Among these, behavior monitoring solutions emerge as a proactive means to intercept and
thwart fraudulent attempts before they escalate.
Behavioral monitoring solutions, also called user behavior monitoring (UBM) systems or behavior
monitoring tools continuously follow and analyze the actions of users across different platforms and
applications. These collect data such as login times, keystrokes, mouse movements and application
use patterns. Through studying this information these tools can recognize any strange or unusual
activities that could be indicative of a security threat.
What are Behavior Monitoring Solutions?
Biometric authentication is an identity verification technique that looks at patterns in how people behave
when they type on keyboards, move mouse, waggle joysticks, use touch screens etc., as well as
changes to those which may indicate something has gone wrong. This approach provides insights
instantly to recognise the unusual behavior pattern. Security-conscious organizations from all sectors
now insist upon including biometrics among their protective measures so they can keep private
information safe while maintaining confidence among users.
Identity verification that looks at behavior patterns of users is called Behavioral biometrics. Through this
dynamic approach, real-time insights are provided which makes it difficult for scammers to infiltrate an
account illegally. In order to protect sensitive data and maintain trust among its users, businesses
across various industries are increasingly adopting behavioral biometrics.
BOOK A DEMO

2. The Key Benefits of Behavior Monitoring Solutions
Proactive Threat Detection:
Behavior monitoring solutions enable proactive threat detection by observing unusual user behavior
through multiple digital touchpoints, allowing organizations to respond promptly and reduce risks.
Advanced Fraud Prevention:
Behavior monitoring solutions enhance defense mechanisms against cyber criminals by examining user
interactions and identifying abnormal activities, protecting enterprises’ finances and reputation from
damage caused by attacks.
Better User Experience:
Behavior monitoring software is a superior security method that minimizes false positives and friction for
users, ensuring a seamless online experience for both external and internal clients, including staff
members using organizational portals regularly or occasionally.
Adaptive Risk Management:
Adaptive risk management uses continuous learning to identify and mitigate cyber threats,
implementing behavior monitoring solutions and automatically changing risk thresholds to prevent
human intervention.

3. Implementing Behavior Monitoring Solutions Effectively
Comprehensive Data Collection:
It should ensure that it collects all digital channels’ data which is important for accuracy of analysis and
anomaly detection.
Fine-Tuned Algorithms:
This means that organizations have to invest in the development and fine-tuning algorithms used to
differentiate between normal and suspicious behavior.
Integration with Existing Systems:
Behavior tracking software needs to be integrated into the existing security infrastructure so that there
can be coordinated threat identification and reaction at all times.
Continuous Monitoring and Analysis:
For potential security threats, establish robust processes for real-time monitoring of user behavior and
data analysis.
Types of Behavior Monitoring Solutions
There are numerous brands of behavior monitoring solutions available today, each having its own
strengths and weaknesses. Some common types include:
Network-based Behavior Monitoring:
This type of solution analyzes network traffic in order to identify suspicious activities like unauthorized
access attempts or data exfiltration.
Endpoint-based Behavior Monitoring:
This type of solution records activity on individual devices like laptops and computers. It identifies
malware, keystroke logging and other malicious acts.
Cloud-based Behavior Monitoring:
This type of solution watches over actions taking place in cloud environments such as IaaS platforms
and SaaS applications. It can detect unauthorized access, data breaches, among other security threats.
Behavior Monitoring Solutions Across Industries
Nowadays, in a digital world where everything is connected through the internet there are certain
industries which include banking and finance, cryptocurrency, fintech, healthcare, insurance, online
gaming, telecoms, border customs and security etc. These industries have adopted behavior monitoring

4. solutions for strong identification verification. They take advantage of these new inventions by using
complex mathematical formulas to study how people behave thus ensuring safety against frauds.
The usefulness of this technology cannot be understated in the banking sector alone; it has helped
identify suspicious transactions that could have led to huge financial losses if not detected early
enough. On the other hand, healthcare providers use them as part of their compliance strategy with
HIPAA regulations since they help protect patient’s personal information from unauthorized access.
Online gaming companies also benefit greatly from such systems because they improve user
experience by preventing hackers from gaining unfair advantage over other players’ accounts.
Cybersecurity measures are beefed up when ecommerce platforms integrate behavior monitoring tools
into their websites
Choosing the Right Behavior Monitoring Solution
Security Requirements:
Various businesses have several security requirements. Protection from external attacks may be
necessary for some companies while others may be concerned with safeguarding against insider
threats.
The business’ Budget:
The cost of behavior monitoring solutions can be free or several thousand dollars per year. Businesses
should select an option that fits within their budget.
The Business’ Technical Capabilities:
A few behavior monitoring solutions are harder to implement. Companies must therefore opt for a
solution they have the technical know-how to support.
See More, Know More: IDMERIT’s Top Behavior Monitoring
Solutions
IDMERIT is a top provider of identity verification tools which include those used for behavior
monitoring purposes. Their software tracks behaviors using advanced machine learning algorithms so
as to detect any suspicious activities by users. Corporations utilize IDMERIT’s products across different

5. sizes in order to keep off fraudulent acts and other forms of insecurity. According to this article about
improving security posture through fraud prevention; it states that when seeking ways to tighten up
protection against scams, one should consider utilizing behavior tracking systems because they enable
establishments to identify cyber threats beforehand thereby protecting valuable resources.
Get Notified about Industry Updates