Friday, October 8, 2010

Two Factor Authentication Products From TeleSign Credited with Reducing Insurance Fraud

Keep fraudulent orders down with TeleSign and two factor authentication products to be sure your website and your users aren't compromised. TeleSign verifies users with phone verification technology with a two part authentication approach asking for both a phone number and username.

Amplify’d from www.telesign.com




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When a recent hailstorm hammered my insurance website with fraudulent claims I turned to TeleSign for their two factor authentication products to be sure we wouldn’t be spammed like that again. Our town was hit with a series of storms this past weekend and it seemed like every one was affected. Over last couple of days I’ve been pulling my hair out trying to keep up with the volume of claims being processed on my website. I even hired a temp to help manage the flow of claims and just when we thought we were going to see some daylight I got a disturbing email from one of the body shops. They discovered that many of the cars being brought in had no hail damage at all.









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Turns out fraudsters were scamming the site in order to get other work done on their cars. The way we had set up the site we had no way to verify how many of them actually had legitimate claims because we weren’t verifying our customers with a two part authentication system

Tags: TeleSign, two factor authentication products, two part authentication
Posted in Two Factor Authentication Products













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