overview

The cost of running a sophisticated fraud attack has fallen by as much as 100x, while defending against one keeps getting more expensive. Attacks are cheaper, more synthetic, and more networked than ever, and the same fraudster rejected by one institution simply arrives at the next as a stranger.

Meanwhile, 93% of teams say they trust their fraud models. The problem is what sits underneath that confidence: 92% admit legacy infrastructure lets signals slip. The economics have flipped, but the defenses have not caught up.

In this session, Liminal’s Filip Verley and Unico’s Davi Reis unpack what actually changed, why isolated and point-in-time defense is becoming a liability, and what connected defense looks like in practice.

What we’ll cover:

  • The new economics: why a sophisticated attack now costs a fraction of what it used to, and why that breaks the old model
  • The networked reality: what network-scale data shows that a single institution cannot see, and why Latin America is the leading edge
  • Why isolated defense is now a liability: the gap between confidence and capability
  • What connected defense looks like: connecting the signals you already have, and where each institution sits on the maturity curve

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