Flare, a cybersecurity company, recently launched its pioneering platform to ensure the effective coordination of resources. In particular, it seeks to address account takeovers and fraud occurring in loyalty programs. This tool will help businesses engage more efficiently and accurately identify and remediate compromised accounts and sessions. Now North America’s largest grocery chain is following their lead in adopting Flare’s technology. To their credit, they are trying to insulate their loyalty program from possible fraud vulnerabilities.
Where the platform really stands out is with its integration capabilities. This means that businesses can easily integrate it into their current operations without creating significant disruptions. By understanding the user’s workflows, Flare delivers customized solutions that improve existing security protocols. This flexibility means that organizations can keep business processes flowing while raising the bar against would-be account takeovers.
Using advanced threat detection technology, Flare’s platform attacks compromised accounts and sessions in real time so organizations can take immediate action against security threats. The ability to identify their vulnerabilities in real time is critical in today’s digital landscape, where cyberattacks are becoming more advanced and aggressive. Flare’s technology gives companies the power to meet these challenges head on. In this way, they can greatly reduce financial damages and prevent irreversible damage to customer loyalty.
In a significant development, a major grocery chain has adopted Flare’s platform to fortify its loyalty program against fraudulent activities. First off, loyalty programs are juicy targets for cybercriminals. Cybercriminals are attracted by the highly-valuable loyalty points as well as sensitive customer information. The grocery store chain is using Flare’s multi-layered security as an additional benefit. This forward-thinking move not only protects its customers, it preserves the value of its rewards system.
Flare’s comprehensive approach to fraud protection goes beyond simply flagging issues to help organizations ensure remediation. As soon as we identify an account that’s been compromised, we go into action. Clara gives businesses clear and actionable insights on how to effectively address the issue. Taking this all-in-one approach provides greater customer data protection while improving customer satisfaction by helping them enjoy a secure shopping experience.
Flare and the national grocery chain joined forces to put cutting-edge security solutions to the test. Combined, they help businesses tackle fraud more efficiently and effectively. Account takeovers and other data breaches are on the rise. In order to defend against attacks, organizations have to over-invest in security to protect themselves from those attacks.
