- CyberCrime Center
June 17, 2014
Bring-your-own-device (BYOD), cloud-based apps and providing access to a remote workforce as well as contractors and partners have given hackers new opportunities for attacking enterprises.
ThreatMetrix and Ping Identity integrated solution
Gartner estimates that by year end 2016, more than 30 percent of enterprises will use contextual authentication for remote workforce access. Now ThreatMetrix and Ping Identity’s PingFederate® identity bridge offer an integrated approach to authenticating partners, and employees and contractors who work remotely. This integration leverages context-based authentication and single sign-on and makes it possible for enterprises to deliver secure, frictionless access to their business productivity applications.
“Until now, enterprises had to choose between maintaining high levels of access security and improving remote access and open BYOD polices – or they have already made the shift and are relying on weak, single-factor authentication,” said Alisdair Faulkner, chief products officer, ThreatMetrix. “As a result, many enterprises are at risk of having sensitive information compromised by cybercriminals accessing employee accounts with stolen credentials. The integration of ThreatMetrix’s context-based authentication with PingFederate’s identity bridge will greatly enhance security and transparency for enterprises without sacrificing employees’ ease of access and productivity.”
Open and protected access
When it can be assumed that traditional security protections are compromised, the ThreatMetrix and Ping Identity solution is all about enabling open and protected access to consumer services, business revenues and productivity assets. Here is transparency and a secure access to online and mobile users that stops cybercriminals “at the front door” while providing legitimate users full access to all permissible resources. And it does it in a managed and monitored fashion.
This integration works in three distinct steps:
“Ping Identity is pleased to see ThreatMetrix’s support for integrations that help its customers overcome the visibility and security challenges that have been introduced with BYOD,” said Patrick Harding, chief technology officer, Ping Identity. “By enabling federated single sign-on to enterprise and cloud-based apps, Ping Identity complements ThreatMetrix’s context-based security and advanced fraud prevention solutions with an integrated solution that enables our mutual customers to both authenticate and monitor employees accessing cloud applications from any device.”
The ThreatMetrix Global Trust Intelligence Network
According to Gartner, by 2015, the demand for greater security intelligence sharing for context-aware systems will form a marketplace for brokering security data. By leveraging The ThreatMetrix Global Trust Intelligence Network, the most comprehensive information repository of authentication data, ThreatMetrix is one step ahead in offering intelligence sharing and can provide enterprises with real-time intelligence, effectively differentiating between authentic and fraudulent online activities.
ThreatMetrix® builds trust on the Internet by offering market-leading advanced fraud prevention and frictionless context-based security solutions. These solutions authenticate consumer and workforce access to mission critical applications using real-time identity and access analytics that leverage the world’s largest trusted identity network.
ThreatMetrix secures enterprise applications against account takeover, payment fraud, fraudulent account registrations, malware, and data breaches. Underpinning the solution is the ThreatMetrix® Global Trust Intelligence Network, which analyzes over 500 million monthly transactions and protects more than 160 million active user accounts across 2,500 customers and 10,000 websites.
The ThreatMetrix solution is deployed 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.
Posted by Dan Rampe
Tags: Account Takeover Fraud, Bank Fraud, CNP fraud, Context-Based Authentication, Cookieless Device Identification, Cookies, Credit Card Fraud, Cyber attacks, Data Breach, Device Detection, Device Fingerprint, Device Fingerprinting, Device ID, Device Identification, Fraud Prevention, Hacking, Identity Spoofing, Identity theft, Malware, Malware Detection, Malware Protection, Man-in-the-Browser Detection, MitB, Mobile fraud, Online Fraud, Phishing, Phishing Detection, PII, ThreatMetrix, ThreatMetrix Cybercrime Index, ThreatMetrix Web Fraud Map, Trust Tags, TrustDefender Cybercrime Protection Platform, Web Fraud, Workforce Access