Fraud Red Team

EXTERNAL FRAUD CONTROL TESTING

Discover Your Weaknesses Before the Fraudsters

Fraud leaders are up against adaptive adversaries across channels, products, and customer journeys - often with limited time, budget, and evidence. You’re expected to stop fraud without disrupting customers, while also proving your controls work before losses occur.

Fraud Red Team helps you safely pressure-test fraud controls in live production environments, so you can see what truly holds up. By simulating real fraud attacks using funded accounts under our control, you gain clear evidence of where controls are strong and where they break.

GET STARTED

"If you do not know your weakest point, be certain,your enemy will." - Sun Tzu

1,754

Tests executed in 2025

31

Financial institutions tested

101

Fraud attacks scenarios (Periodic Table coverage)

8

Channels tested

14+

Years of testing experience

TESTING THAT CAN'T BE COPIED

Practical & Strategic Solutions

Many fraud programs assume controls are aligned across channels, products, and teams - but assumptions don’t stop fraud. Fraud Red Team helps you replace assumptions with evidence by safely testing how controls actually perform across your real customer journeys.

GET STARTED

Products

Deposit Accounts
Credit Cards
Brokerage
Lending
Crypto

Channels

Web | OLB
Mobile App
Phone (CSR/IVR)
Live Chat
Branch
ATM
POS/CNP

Life Cycle

Account Opening
Account Access
Account Maintenance
Money Movement

Attack Vectors

ID Theft / Synthetic ID
Device Spoofing
Location Manipulation
Remote Access
Low and Slow BOTS
Account Takeover
Fake Documentation

Peers

Account Opening
Account Access
Account Maintenance
Money Movement

How does Fraud Red Team help fraud leaders?

Fraud Red Team is an external, third-party identity, authentication and fraud-testing service. We execute more than 1,000 tests designed to assess your organization’s customer identification and authentication policies, fraud rules, fraud policies and fraud operations for vulnerabilities across key channels and functional areas. Our goal is to identify weaknesses that fraudsters are using, without your knowledge, to exploit your controls and processes and steal funds from customers.

Is this the same thing as an Information Security Pen Test?

Fraud Red Team is not a substitute for cybersecurity or physical penetration testing, but Nevoera Solutions leverages expertise across multiple channel technologies to test your organizations’ susceptibility to common fraudster exploits.

Why is this testing important?

Organizations spend millions to conduct penetration tests and develop secure development practices. But for most cybercriminals, the real vulnerabilities are customers, processes, policies and employees. Gaps in policies and procedures for authentication and fraud detection create opportunities for fraudsters to “game the system” without conducting expensive computer attacks. Fraudsters aren’t going to tell you how they beat your systems and stole your customers’ identities and money. We will.

Has this approach been used before?

The Department of Defense, network security teams and customer-service teams use similar prevention strategies, in which they simulate hackers or shoppers with a goal of finding weaknesses before data is compromised or customers have a bad experience. Fraud Red Team is an extension of that best practice approach, because we examine your systems the way a fraudster would. In addition, and unlike the fraudsters, we report what we find along with our recommendations that are based on our experience managing fraud prevention programs at some of the world’s largest banks.