Fraud Fighters Safeguard Businesses in Chattanooga

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With fraud losses soaring and scams becoming increasingly sophisticated, individuals, businesses and organizations must be proactive. Fraud-fighting companies like Chattanooga’s Conversant Group and Mission Omega offer a lifeline, leveraging their expertise to secure clients’ information.

Conversant Group’s Security-First Mindset

Conversant Group, a leading infrastructure and cybersecurity services provider, experienced significant growth in 2023. Nestled in Chattanooga — the heart of Tennessee’s technology hub — Conversant empowers businesses of all sizes to navigate the increasingly complex cybersecurity landscape.

“We understand that cyber threats are constantly evolving, and so must our defenses,” says John Anthony Smith, founder and chief security officer (CSO) of Conversant Group and its sister companies. “Our commitment to ‘Securitas Summa’ (security above all else) drives us to continuously update our offerings, leveraging real-time insights to stay ahead of the curve. We built Conversant to keep up with the ever-evolving threat landscape.”

Conversant’s core strength lies in building and managing secure, dependable infrastructure. Unlike companies that view security as an afterthought, Conversant integrates it into every step of the process, from cloud migration and data encryption to disaster recovery and ongoing threat monitoring. Their team of experts helps businesses tackle even the most intricate challenges, ensuring their digital assets are protected.

But Conversant understands that technology alone isn’t enough. The company recognizes the human element is crucial to robust security. Through its sister companies, or “battalions,” Conversant’s comprehensive services include Athena7 (security assessments, strategy and remediation), Grypho5 (managed protection services) and Fenix24 (ransomware rapid response and remediation).

Conversant’s commitment to the local community sets it apart. The company actively participates in Chattanooga’s tech scene, supporting fellow businesses and fostering innovation. A recent recognition as Tech Company of the Year by the Chattanooga Technology Council further solidifies its dedication to the region.

With more than 14 years of experience and a proven track record of success for over 500 clients, Conversant Group has established itself as a thought leader in the cybersecurity space.

Nonprofit Collaboration

Founded in 2019, The Knoble isn’t your typical crime-fighting organization. This nonprofit unites forces such as financial professionals, law enforcement and regulators to tackle a complex enemy: human crime.

Their mission? To protect vulnerable populations from modern slavery, scams, child exploitation and elder abuse.

“Financial crime is ultimately crime against people, and much of it is fueling abominable systems of human exploitation,” says Ian Mitchell, founder and board chairman of The Knoble.

The organization’s strength lies in collaboration. Over 3,000 individual financial crime fighters and over 1,400 financial institutions and service organizations form The Knoble Network. Together, they share knowledge and resources to help protect vulnerable people across the globe.

A Worthy Mission

The Knoble receives financial support from Mission Omega, a for-profit fraud company that provides services to banks, credit unions, financial services organizations, merchants and technology companies.

Mitchell co-founded Mission Omega with his business partner, Ben Wallach. Both Mitchell and Wallach have extensive experience leading enterprise fraud teams.

“The world of fraud is getting so challenging, so complex, that Ben and I decided to set up an organization that changes the way we look at fraud in general,” Mitchell says. “We’re bringing specialization into this with our team and our approaches.”

Mission Omega was created to bring specialized fraud advice and solutions to the market and offer a team of advanced fraud fighters who understand the challenges clients face today.

“Within the fraud ecosystem, losses are increasing across all sectors. Client experience is declining, and reputational risk is high,” Wallach says. “Fraud fighting is more challenging than ever.”

The company provides expertise and resources to help businesses assess risks, develop a fraud prevention strategy and implement necessary controls. Clients can also utilize Mission Omega for fraud prevention training, investigations into suspected fraud and help identifying qualified fraud professionals to add to their teams. Mission Omega’s work is especially impactful for smaller financial institutions that may have limited resources.