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F5 Shape Security vs FICO Falcon Platform comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 12, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

F5 Shape Security
Ranking in Fraud Detection and Prevention
6th
Average Rating
8.6
Reviews Sentiment
7.5
Number of Reviews
2
Ranking in other categories
Bot Management (1st)
FICO Falcon Platform
Ranking in Fraud Detection and Prevention
3rd
Average Rating
8.6
Reviews Sentiment
5.5
Number of Reviews
2
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of August 2025, in the Fraud Detection and Prevention category, the mindshare of F5 Shape Security is 2.1%, up from 2.1% compared to the previous year. The mindshare of FICO Falcon Platform is 8.0%, down from 8.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention
 

Featured Reviews

Nikolay Dimitrov - PeerSpot reviewer
Easy to configure and blocks bot attacks for web users
The solution is deployed on the F5 cloud. The solution's real-time analytics help you see what has been blocked. It helps to see whether the attack category was an automation attack or a fake browser. F5 Shape Security has a normal dashboard. We are doing F5 Shape Security migrations for 30 customers. F5 Shape Security uses Javascript. For a lot of competitors, the Javascript can be reverse-engineered by attackers to bypass the protection. F5 Shape Security has machine learning authentication of the Java script. If you had hacked it, the encryption would have been changed. It's really hard for attackers to reverse engineer the F5 Shape Security JavaScript. Overall, I rate the solution a nine out of ten.
reviewer2511618 - PeerSpot reviewer
Real-time capability, consortium data model but offline analysis of transactions is not flexible
FICO users are business users, not developers. When setting up rules or parameters, some coding is required, and the learning curve is quite steep. This is a disadvantage of FICO. Additionally, the offline analysis of transactions is not flexible. Transactions need to be flagged as fraud to show up in the analysis, making it difficult to identify false negatives. The Identity Resolution Engine (IRE), an extension to FICO Falcon Platform, is helpful. However, integration with FICO Falcon Fraud Manager can be challenging due to its rigid template and data format requirements. This can cause delays in development and integration, potentially postponing projects by a month or two. AI is another thing they could improve is how they create the data model for my bank's detection data. From what I understand, they already have the capability to do that. But the data being processed in my bank, the ones they can process, is not really much. Maybe it's just a mistake on my part. But in terms of AI other than machine learning that they've already implemented, I have not seen any significant use case.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature of the solution is the ease of configuration."
"F5 Shape Security's most valuable feature is performance."
"FICO is working on a local model specifically for Brazil, whereas tools from Oracle and other vendors are only developed for general use. I haven't seen any other vendors who think like that until now."
"It can make real-time decisions or real-time declines."
 

Cons

"I want the solution's custom exclusion rules to be more granular."
"The tool's price is high."
"I've had bad experiences with FICO support. At the bank, we've faced critical problems where we only had minutes to find the solution, and it's hard to explain quickly. We contacted FICO, but they told us it was beyond their scope of support. They try to triage the call by asking us how much money we're losing, but I can't go into that."
"When setting up rules or parameters, some coding is required, and the learning curve is quite steep."
 

Pricing and Cost Advice

"The solution is moderately priced."
"The functionality is fine, but the price is getting more expensive."
"FICO is one of the best fraud detection platforms. However, a small bank might find it too expensive. In that case, I would agree it's probably not worth it. However, it's a no-brainer if your bank has 50 million accounts and 7 million credit card transactions daily."
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Top Industries

By visitors reading reviews
Financial Services Firm
32%
Retailer
8%
Healthcare Company
8%
Computer Software Company
5%
Financial Services Firm
43%
Computer Software Company
13%
Comms Service Provider
5%
Manufacturing Company
4%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What do you like most about F5 Shape Security?
The most valuable feature of the solution is the ease of configuration.
What needs improvement with F5 Shape Security?
There could be some improvement in the options to make custom exclusion rules to be more granular. Sometimes, the solution blocks something that you don't want to be blocked. The solution should al...
What advice do you have for others considering F5 Shape Security?
The solution is deployed on the F5 cloud. The solution's real-time analytics help you see what has been blocked. It helps to see whether the attack category was an automation attack or a fake brows...
What needs improvement with FICO Falcon Platform?
FICO users are business users, not developers. When setting up rules or parameters, some coding is required, and the learning curve is quite steep. This is a disadvantage of FICO. Additionally, the...
What is your primary use case for FICO Falcon Platform?
I use FICO Falcon app manager. I think it was from 2019, but I'm not quite sure. Maybe it was 2017. I'm a customer of the product, and I use it for bottom-line and operational risk. For the granula...
 

Also Known As

Shape Security
Falcon Platform
 

Overview

 

Sample Customers

Wells Fargo, Loblaw, JetBlue, Zoosk
Information Not Available
Find out what your peers are saying about F5 Shape Security vs. FICO Falcon Platform and other solutions. Updated: July 2025.
865,384 professionals have used our research since 2012.