Frauds Are Being Attacked

To combat the growing risk of fraud in digital payments, Visa has unveiled a ground-breaking generative AI-powered solution. The emergence of advanced methodologies such as automated scripts and botnets has enabled malevolent actors to carry out enumeration assaults on a never-before-seen magnitude, culminating in substantial economic damages and operational difficulties for commercial enterprises. Aware of the pressing need for cutting-edge instruments to combat this threat, Visa has introduced the Visa Account Attack Intelligence (VAAI) Score, their newest product. Identifying and Scoring Enumeration Attacks in Real Time Paul Fabara, Chief Risk and Client Services Officer at Visa, highlighted the critical importance of the VAAI Score in detecting and preventing enumeration attacks.