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I'd love to fund a startup fixing this problem. It's a clear space where technology has the edge over humans and there's huge network advantages (e.g. you see
by ig1 8y ago
I'd love to fund a startup fixing this problem.
It's a clear space where technology has the edge over humans and there's huge network advantages (e.g. you see a new account # for a known entity, especially at a different bank it's a big red flag).
- charlietango92 8y agothere has to be offerings already out there that address that kind of thing, but maybe not. Either way, I agree, tech has the clear edge on this, so long as the rulesets (or whatever parameters are defined) are correct.
- deepGem 8y agoEvery major fraud vendor has an AML offering. Be it SAS or FICO or startups such as Feedzai. I am building a startup as well but it is hard to determine how effective these products are. Till date I haven't found data that shows how many money laundering cases were caught by these products and how many of those cases were prosecuted. It's not a very transparent industry, so it's super hard to take on the incumbents. This is just based on a few weeks of conversations I've had with some AML and strategy team members, so by no means this is a generalization.
- eswat 8y agoIn particular, this kind of low-tech spoofing could have been mitigated if the email client had highlighted the fact that the sender’s “name” was nearly identical to the sending address, and therefore likely a phishing email.
- deepGem 8y agoThis seems quite simple to accomplish - compare the name and email address in the email header and flag based on even regex matches/mismatches. Perhaps a Chrome plugin for gmail to test out ?
- grecy 8y ago> I'd love to fund a startup fixing this problem I know a great way you can get the funding you need....
- timcederman 8y agoThere is a startup in this space - Agari (www.agari.com)