DAT introduces new tools to help the freight industry fight fraud
11 Julho 2023 - 10:04AM
Business Wire
DAT Freight & Analytics today introduced new initiatives to
reduce the risk of fraud and double brokering in the industry while
delivering the speed, convenience and open marketplace users expect
from the DAT One truckload freight network.
“Fraud is on the rise, and DAT is committed to providing the
resources our customers need to fight back,” said Jeff Hopper, DAT
Chief Marketing Officer. “DAT is using a combination of technology,
education and enforcement in our ongoing effort to stop bad actors
and help freight brokers, carriers and shippers protect themselves
in today’s climate.”
DAT’s new fraud-fighting tools include:
- Tougher verification protocols: DAT is implementing
multi-factor authentication (MFA) to verify a user’s identity for
logging in to DAT One. MFA is being introduced on a rolling basis
early release to a first segment of customer base this month and
will protect against the theft of login credentials.
- Education: DAT has launched the DAT Fraud Protection
Program, a microsite with free security-related information. This
resource center is available as an industry service at
https://www.dat.com/fraud-protection.
These initiatives build on DAT’s ongoing efforts to reduce the
risk of fraud in the industry:
- DAT has expanded its Network Integrity Unit (NIU) by 40%
during the past two years. The DAT NIU works with the FMCSA, FBI
and other law enforcement agencies to identify freight-related
fraud.
- In 2022, DAT blocked access from more than 3,000 accounts
because of suspected fraud, and blocked access from more than 3,000
accounts during the first half of 2023.
- DAT blocks access from countries where there is an elevated
risk of fraud.
- DAT is using smart technology and automation to leverage trends
among bad actors to better identify potential fraud.
- DAT has expanded their data science capability to better
identify trends among bad actors and improve the overall governance
of our ecosystem.
- Only licensed and bonded freight brokers may post loads on the
DAT marketplace: no carriers or dispatchers.
- DAT CarrierWatch automates the monitoring of motor carrier
insurance coverage, safety records, and DOT authority and alerts
users to any change in status.
- The DAT Directory is a free database with the latest
information about every carrier, broker and shipper that uses the
DAT One network. Drawing from government and commercial sources, it
can help users verify a company’s contact information; operating
authority; publicly available safety data; company reviews; and
insurance details.
“The DAT network hosted nearly 400 million truckload shipments
in 2022, and the total number of DAT customers has increased by
nearly 42% since January 2021,” Hopper said. “As the use of load
boards has grown, so has the aggressiveness and sophistication of
scammers. These new tools will help users validate the brokers and
carriers they want to work with, protect their login credentials
and build relationships based on trust.”
About DAT Freight & Analytics
DAT Freight & Analytics operates DAT One, North America’s
largest truckload freight marketplace. Transportation brokers,
carriers, shippers, news organizations and industry analysts rely
on DAT for market trends and data insights based on 400 million
freight matches and a database of $150 billion in annual market
transactions. Founded in 1978, DAT is a business unit of Roper
Technologies (Nasdaq: ROP), a constituent of the S&P 500 and
Fortune 1000 indices.
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version on businesswire.com: https://www.businesswire.com/news/home/20230711355053/en/
Annabel Reeves Corporate Communications DAT Freight &
Analytics Annabel.Reeves@dat.com 503-501-0143
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