Manish Mittal’s Post

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Global Technology Head - Value Added Services, Senior Vice President

Visa is at the forefront of combating digital fraud with our new Visa Account Attack Intelligence (VAAI) Score. This cutting-edge tool leverages generative AI to provide real-time risk scoring, significantly enhancing the detection and prevention of card enumeration attacks. For those unfamiliar, card enumeration attacks are a form of cybercrime where fraudsters use automated scripts to guess and verify credit card numbers on e-commerce sites. They systematically change payment values like the card number, expiration date, and CVV until they hit a valid combination, leading to unauthorized transactions. The VAAI Score is a testament to Visa’s commitment to security, reducing false positives by 85% and offering issuers a robust defense against these attacks. It’s a proud moment for us in the tech team to see our efforts in AI translate into tangible benefits for our clients and cardholders. https://lnkd.in/gNaFJDYW #VisaTech #CyberSecurity #AIInnovation #DigitalPayments

How VISA is using generative AI to battle account fraud attacks

How VISA is using generative AI to battle account fraud attacks

https://venturebeat.com

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