Mitek adds Dark Web intelligence to check and identity fraud protection tools

Mitek is building up its fraud protection by partnering with cyber intelligence firm DarkTower to give customers of its Check Fraud Defender a capability to detect compromised account data in real-time.

Check fraud and crime related to identity theft continue to increase, Mitek says, with U.S. Federal Trade Commission stats showing nearly $2 billion in losses from 750,000 reported incidents in the first quarter of 2023.

“Our work includes identifying places where stolen information is being shared or sold and …

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