One of the challenges that enterprises face today is the ability to quickly identify compromised accounts and fraud activity in real-time. The average amount of time that elapses from one team (fraud/SOC) in notifying other teams can range from 72 hours to 3 days within most enterprise organizations. This time delay leads to a breakdown of trust and can cause economic damage to the company. The teams handling fraud and IT security operations are discrete and disparate from each other, often lacking in shared tools, systems, and expertise. These technology & operational barriers lead to complexity for solving advanced threats to the business.

The cyber fraud fusion center, launched by PwC and powered by AWS, offers a proactive, integrated and synergistic approach to combating cybersecurity attacks and fraud. The center's comprehensive platform, coupled with AWS Security Lake, enables near-real time detection, identification, and response, leading to enhanced fraud prevention, investigation, and remediation.

PwC’s Cyber, Risk, and Regulatory practice brings knowledge and expertise to aid clients in implementing the fusion center to meet their individual needs. Built on AWS, the fusion center provides the ability to combine data from a variety of sources to create a centralized, near real-time view. The dashboard features visualizations, drill-down capabilities, and automated workflows, enabling teams to quickly identify, investigate, and respond to potential risks posed by the ever evolving threat actors