Press release
DAT introduces new tools to help the freight industry fight fraud
BEAVERTON, Ore.--(BUSINESS WIRE)-- DAT Freight & Analytics today introduced new initiatives to reduce the risk of fraud and double brokering in the industry
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[{"type":"text","content":" BEAVERTON, Ore.--(BUSINESS WIRE)--\nDAT 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.\n\n\n“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.”\n\n\nDAT’s new fraud-fighting tools include:\n\n\n\nTougher 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.\n\n\n\nEducation: 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.\n\n\n\nThese initiatives build on DAT’s ongoing efforts to reduce the risk of fraud in the industry:\n\n\n\nDAT 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.\n\n\n\nIn 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.\n\n\n\nDAT blocks access from countries where there is an elevated risk of fraud.\n\n\n\nDAT is using smart technology and automation to leverage trends among bad actors to better identify potential fraud.\n\n\n\nDAT has expanded their data science capability to better identify trends among bad actors and improve the overall governance of our ecosystem.\n\n\n\nOnly licensed and bonded freight brokers may post loads on the DAT marketplace: no carriers or dispatchers.\n\n\n\nDAT CarrierWatch automates the monitoring of motor carrier insurance coverage, safety records, and DOT authority and alerts users to any change in status.\n\n\n\nThe DAT Directory is a free database with the lates...