- News & Events
June 13, 2013
Available on the ThreatMetrix™ Web site, the ThreatMetrix™ Web Fraud Map displays account takeovers, payment fraud and identity theft anywhere and everywhere in the world as they happen. Alisdair Faulkner, chief product officer, ThreatMetrix, observes in the June 11 Payments Source that, “The map is available for anyone to look at, but it can be a valuable tool for our online merchant and financial industry clients. It shows where the attacks are coming from, what time they are taking place, and what type of attack it is.”
Data for the ThreatMetrix Web Fraud Map is taken from ThreatMetrix clients and other sources. Faulkner notes that sharing fraud information helps keep everyone safe, an idea directly in line with President Obama’s call for cooperation in the fight against cybercrime. “(It’s government) and financial institutions…collaborating on data in real-time,“ says Faulkner adding, “And that’s what the fraud map is.”
ThreatMetrix sees more than 100,000 fraudulent credit cards used every day. The ThreatMetrix Web Fraud Map takes this abstract, impersonal number and places it in an easily understandable context so it’s possible to see the “sheer scale and volume” the problem as it’s happening.
Faulkner sums up, “That’s a lot of identities being stolen and it’s rather brazen when you think about it.
ThreatMetrix is the fastest-growing provider of integrated web fraud and cybersecurity solutions. The TrustDefender™ Cybercrime Protection Platform helps companies prevent unauthorized access to web and mobile applications, protect sensitive data, and secure transactions against account takeover, payment fraud, identity spoofing, malware, and data breaches. ThreatMetrix protects more than 1,500 customers and 9,000 websites across a variety of industries, including financial services, enterprise, e-commerce, payments, social networks, government, and insurance. For more information, visit www.threatmetrix.com or call 1-408-200-5755.
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Posted by Dan Rampe
Tags: Account Takeover, Account Takeover Fraud, Bank Fraud, CNP fraud, Cookieless Device Identification, Cookies, Credit Card Fraud, Cyber attacks, Device Detection, Device Fingerprint, Device Fingerprinting, Device ID, Device Identification, Fraud Prevention, Identity theft, Malware, Malware Protection, MitB, Mobile fraud, Online Fraud, ThreatMetrix, ThreatMetrix Global Trust Intelligence Network, ThreatMetrix Web Fraud Map, TrustDefender Cybercrime Protection Platform, Web Fraud