Home
News
Tech Grid
Data & Analytics
Data Processing Data Management Analytics Data Infrastructure Data Integration & ETL Data Governance & Quality Business Intelligence DataOps Data Lakes & Warehouses Data Quality Data Engineering Big Data
Enterprise Tech
Digital Transformation Enterprise Solutions Collaboration & Communication Low-Code/No-Code Automation IT Compliance & Governance Innovation Enterprise AI Data Management HR
Cybersecurity
Risk & Compliance Data Security Identity & Access Management Application Security Threat Detection & Incident Response Threat Intelligence AI Cloud Security Network Security Endpoint Security Edge AI
AI
Ethical AI Agentic AI Enterprise AI AI Assistants Innovation Generative AI Computer Vision Deep Learning Machine Learning Robotics & Automation LLMs Document Intelligence Business Intelligence Low-Code/No-Code Edge AI Automation NLP AI Cloud
Cloud
Cloud AI Cloud Migration Cloud Security Cloud Native Hybrid & Multicloud Cloud Architecture Edge Computing
IT & Networking
IT Automation Network Monitoring & Management IT Support & Service Management IT Infrastructure & Ops IT Compliance & Governance Hardware & Devices Virtualization End-User Computing Storage & Backup
Human Resource Technology Agentic AI Robotics & Automation Innovation Enterprise AI AI Assistants Enterprise Solutions Generative AI Regulatory & Compliance Network Security Collaboration & Communication Business Intelligence Leadership Artificial Intelligence Cloud
Finance
Insurance Investment Banking Financial Services Security Payments & Wallets Decentralized Finance Blockchain
HR
Talent Acquisition Workforce Management AI HCM HR Cloud Learning & Development Payroll & Benefits HR Analytics HR Automation Employee Experience Employee Wellness
Marketing
AI Customer Engagement Advertising Email Marketing CRM Customer Experience Data Management Sales Content Management Marketing Automation Digital Marketing Supply Chain Management Communications Business Intelligence Digital Experience SEO/SEM Digital Transformation Marketing Cloud Content Marketing E-commerce
Consumer Tech
Smart Home Technology Home Appliances Consumer Health AI
Interviews
Think Stack
Press Releases
Articles
Resources
  • AI

Neovera’s AI Fraud Testing Shields Banks from Advanced Threats


Neovera’s AI Fraud Testing Shields Banks from Advanced Threats
  • Source: Source Logo
  • |
  • August 29, 2025

Neovera introduces its Fraud Red Team, leveraging advanced AI to simulate real-world fraud scenarios, helping financial institutions stay ahead of automated, AI-driven attacks.

Quick Intel

  • Neovera unveils industry-leading AI Fraud Red Team for financial institutions.

  • Tests include synthetic voices, fake IDs, and AI-driven behavioral attacks.

  • Simulates fraud in live production environments for realistic validation.

  • Covers six domains: face, voice, documents, checks, behavior, deception.

  • Partners with over 20 top global banks and regional institutions.

  • Aims to counter scalable, AI-powered fraud threats effectively.

Advanced AI Fraud Testing Unveiled

Neovera, a trusted provider of cybersecurity and cloud services, has launched its Fraud Red Team, the industry’s most advanced AI-driven fraud testing solution, announced on August 27, 2025. Designed for financial and highly regulated institutions, this offering uses cutting-edge AI tools to simulate sophisticated fraud scenarios, enabling banks to identify and address vulnerabilities before exploitation. The solution addresses the growing challenge of automated, AI-driven attacks that traditional testing methods can no longer counter.

Comprehensive Fraud Simulation

Neovera’s Fraud Red Team employs a robust portfolio of AI-driven tools, including hundreds of synthetic voice profiles, forged IDs, and automated agents mimicking human behavior. These tools test defenses across six critical fraud domains: face (deepfake selfies), voice (AI voice clones), documents (forged IDs), checks (counterfeit designs), behavior (mimicking trusted patterns), and deception (AI-driven scams). By replicating real-world fraud tactics, the solution ensures institutions can strengthen their defenses against evolving threats.

Real-World Testing in Live Environments

Unlike conventional approaches, Neovera’s testing operates in live production environments, providing a realistic assessment of controls under conditions exploited by criminals. “Fraud is no longer a game of chance. With AI, it’s a system of scale,” said Jerry Tylman, Senior Vice President of Fraud Red Team at Neovera. “Our program gives banks a way to fight back with the same level of sophistication. We’re not just testing controls and technology, we’re stress-testing the future.” This approach validates security measures in real-time, high-stakes settings.

Strategic Partnerships and Impact

Neovera collaborates with over 20 of the world’s top 100 financial institutions, including major banks in the U.S., U.K., Canada, and Mexico, as well as regional banks and credit unions. The Fraud Red Team’s ability to simulate advanced threats like ID spoofing, voice liveness bypass, and bot-automated transactions positions it as a critical tool for highly regulated sectors aiming to stay ahead of AI-enabled fraud.

Neovera’s Fraud Red Team marks a significant step in combating the rise of AI-driven financial crime. By offering comprehensive, real-world testing and leveraging strategic partnerships, Neovera empowers institutions to build resilient defenses, ensuring security and trust in an increasingly automated threat landscape.

 

About Neovera

Neovera is the trusted advisor that provides full cybersecurity and cloud services to enterprises with complex challenges and demanding regulatory requirements. Businesses globally rely on Neovera to expertly design, build, secure, and manage their mission-critical business infrastructure backed by its deep expertise in cybersecurity and cloud domains. 

  • AI Fraud TestingCybersecurityFraud PreventionFinancial SecurityNeovera
News Disclaimer
  • Share