Using AI in Testing, Development, and Production to Automate Fraud Prevention
In today's rapidly evolving digital landscape, preventing fraud and ensuring security of applications through development and production has become paramount. However, the traditional manual approaches to security testing, fraud detection and functional testing of apps once they have been protected is time-consuming, error-prone, and often fails to keep pace with emerging threats such as FaceID bypass using deepfakes. This session will explore the challenges and opportunities at the intersection of automating security testing, fraud detection and testing protected applications. Karen will discuss how to use AI to detect fraud and AI-driven attacks, prevent fraud and functionally test the app after protections have been added. She’ll use a case study to explain the comprehensive automation strategy that improved efficiency and prevented fraud, stopping AI-driven attacks on mobile apps. Attendees will gain insights into the following: the impact of using AI throughout development and production, understanding the interplay between security testing, fraud detection, prevention and testing protected apps is essential for achieving optimal results; practical strategies for automating fraud detection, prevention, and testing and learning about strategies and tools to build protected apps based on the fraud detected and security issues identified.
Karen Hsu co-founded BlockchainIntel to identify fraud in ACH, credit card, and crypto transactions, becoming part of Appdome to extend the mission of protecting people and companies from bad actors. With over 25 years of experience in tech, Karen is co-inventor of 5 patents and has led teams for security, Web3, Cloud Data Management, and CRM platforms. Karen has a B.S. in Management Science and Engineering from Stanford University. She co-founded the Business Association of Stanford Entrepreneurial Students (BASES) to educate, develop and network entrepreneurs. Karen co-founded Blockchain by Women to provide a platform for sharing blockchain based innovation and web3 risk mitigation.