How to Avoid Data Misuse and Internal Fraud with Microsoft Dynamics 365

Posted on: January 18, 2021 | By: Jarrod Kraemer | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Adaptive AI technology helps you to easily and effectively increase security in your organization. Microsoft Dynamics 365’s fraud protection network keeps up-to-date data to achieve a connected vision of fraud activity. Not only does fraud protection minimize risks of being targeted by hackers or cyber criminals, but it also works to control user access and length of access for baseline protection and higher admin security. By providing detailed risk information, D365 helps minimize attacks and highlight potential instances of fraud and loss. In this blog post, we will be discussing the key steps to avoiding data misuse and internal fraud with Microsoft D365. 

Account Protection 

The first step to optimizing advanced AI is to use it to protect your accounts. AI adapts to the changing fraud landscape and identifies transactional patterns and inventory data. With the capabilities of a fraud protection network, you can enhance detection of account fraud and help defend accounts with bot protection.   

Purchase Protection 

Next, focus on profitability by taking advantage of the AI which can help you balance profit and fraud loss. By detecting patterns of transaction fraud with multiple data points and location attributes, you can keep customer privacy intact. Further, you can utilize detailed risk insights to not only protect transactions, but also improve customer support.  

Loss Prevention 

Finally, triangulating discount and return fraud with D365’s data enables you to detect anomalies with a versatile decision engine. By detecting such anomalous patterns in returns and discounts activity, AI algorithms provide clear and actionable reports. Loss prevention increases operational efficiency while using AI to identify and help improve at-risk business entities and functions.

Advanced Capabilities in D365

  • AI and insights from fraud protection network
  • Device fingerprinting
  • A rules engine and virtual fraud analyst
  • A graph explorer and scorecard
  • A transaction acceptance booster

Next Steps    

If you are interested in learning more about cyber-security and/or maximizing the use of Microsoft Dynamics 365 for Finance and Supply Chain Management contact us here to find out how we can help you grow your business.  You can also email us at info@loganconsulting.com or call (312) 345-8817.