TLDR: Neovera has introduced a new Fraud Red Team offering, providing advanced and continuous AI fraud testing capabilities. This initiative aims to help financial and highly regulated institutions defend against sophisticated AI-driven attacks by simulating real-world fraud scenarios using synthetic identities, voice cloning, deepfake technology, and automated agents. The program is designed to identify vulnerabilities in fraud controls across various channels before they can be exploited by increasingly scalable and automated AI-enabled threats.
RESTON, Va. – Neovera, a leading provider of cybersecurity and cloud services, has announced the launch of its innovative Fraud Red Team offering, a cutting-edge solution designed to combat the escalating threat of AI-driven fraud. This new service provides the industry’s most advanced and continuous AI fraud testing capabilities, specifically tailored for financial and highly regulated institutions facing the next generation of automated attacks.
The Fraud Red Team offering boasts an unparalleled breadth of testing tools, including hundreds of synthetic voice profiles, forged IDs, and diverse document formats. Crucially, it incorporates AI agents capable of mimicking human behavior across multiple channels, allowing for comprehensive simulation of real-world fraud scenarios.
According to Neovera, the traditional methods of fraud testing are no longer sufficient as artificial intelligence transforms fraud into a scalable and automated operation. The company’s enhanced continuous adversarial testing program is modeled after cybersecurity penetration testing but focuses exclusively on fraud vectors throughout the entire customer lifecycle.
Jerry Tylman, Senior Vice President of Fraud Red Team at Neovera, emphasized the shift in the fraud landscape. “Fraud is no longer a game of chance. With AI, it’s a system of scale,” said Tylman. “Our program gives banks a way to fight back with the same level of sophistication. We’re not just testing controls and technology, we’re stress-testing the future.”
The new offering leverages a comprehensive portfolio of AI-driven tools, encompassing voice, document, behavioral, and automation technologies. These tools are used to simulate various fraud tactics, such as ID and selfie spoofing, voice liveness bypass, and bot-automated transactions. By doing so, banks can proactively identify weaknesses in their defenses before malicious actors exploit them.
This strategic move follows Neovera’s acquisition of Greenway Solutions, a firm specializing in adversarial fraud testing, earlier in June 2025. That acquisition expanded Neovera’s cybersecurity portfolio with real-world fraud testing expertise, particularly for financial, fintech, and other regulated industries. The FTC reported a 25% year-over-year increase in consumer fraud losses in 2024, totaling $12.5 billion, while FBI data indicated a 33% rise in fraud-related losses during the same period, underscoring the critical need for advanced defense mechanisms.
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Neovera’s Fraud Red Team combines these advanced AI tools with realistic synthetic identities and flexible deployment options to replicate complex fraud scenarios, ensuring that institutions are well-equipped to counter the evolving landscape of AI-enabled threats.
