Limiting Fraud

A ThreatMinder Client Success Story

The Problem: A ThreatMinder customer was concerned that their individual vendors may be engaging in fraudulent behavior that put their business at risk of liability.

The Solution: Implement ThreatMinder’s Risk-as-a-Service Solution to analyze each individual vendor

The Challenge:

Our client had many vendors, and struggled to keep track of each individual vendor’s day-to-day actions. They had an understanding of each vendor at the time of onboarding, but those business practices may change over time. 

The Results:

ThreatMinder analyzed each individual vendor, pulling data from across open source, corporate and private sources online. In this process, we found that one of their vendor’s owners had been arrested for financial fraud. Uncovering this information gave our customer the opportunity to respond to this situation proactively and limit their liability.

Leave a Reply

Your email address will not be published. Required fields are marked *