ThreatMetrix’s integrated solution leverages global shared intelligence across millions of daily consumer interactions including logins, payments and new account originations. An anonymized identity of each consumer is created with each person’s online devices and behavior. This unique identity combines specific device and persona detail that each individual used at any given time and at any place to accurately authenticate users in real time – without compromising user privacy.
Banks and financial institutions are especially susceptible to cybercrime, as identities are the new currency that powers cybercrime and cyber terrorism. The ThreatMetrix Digital Identity Network enables businesses to protect accounts against bots using stolen credentials by leveraging a global view of devices and persona behavior to detect anomalies.
ThreatMetrix allows for advanced protection by leveraging the largest network of analyzed online transactions. The ThreatMetrix Digital Identity Network ensures identities are examined at as a whole and are protected across channels as opposed to traditional methods of looking at identities in a siloed manner.
Credit monitoring alone is no longer an effective mean of guarding against account takeover attacks or transaction fraud that result from data breaches. The ThreatMetrix Digital Identity Network can detect if compromised credentials are being used by cybercriminals by analyzing consumers’ devices, identity and behavior.