- News & Events
September 30, 2013
Coinciding with the start of the 10th Annual National Cyber Security Awareness Month is the news that the ThreatMetrix™ Global Trust Intelligence Network (The Network) has reached 500 million transactions each month.
The Network is the only global data repository offering insight into positive and negative behavior and threat intelligence for both online personas and devices using trust-based authentication. Coming as it does with the start of National Cyber Security Awareness Month, The Network’s 500 million per month transaction rate reinforces the first week’s theme – “Cyber Security is Our Shared Responsibility.”
While each week has been dedicated to a different cybersecurity theme by the Department of Homeland Security, none relates better to what The Network has accomplished by helping more than 1,900 customers and 9,000 websites share threat intelligence data and take responsibility for preventing cybercrime.
“Now that The Network has surpassed more than 500 million monthly transactions, businesses can more accurately differentiate between authentic and potentially fraudulent transactions and customers,” said Andreas Baumhof, chief technology officer, ThreatMetrix. “While a collective approach to cybercrime should be a priority for businesses year-round, National Cyber Security Awareness Month is the perfect opportunity to educate individuals and businesses on the importance of having preventative cyber security measures in play.”
“Cyber Security is Our Shared Responsibility” was echoed in ThreatMetrix’s own theme of “Strength in Numbers” for the company’s Third Annual ThreatMetrix™ 2013 Cybercrime Prevention Summit which emphasized the importance of a collective approach to stopping sophisticated cybercriminals through the strong cooperation of individuals and business to stay ahead of quickly evolving cyberthreats.
“Today’s evolving and rapidly growing cyber security threats show no signs of slowing down and, following our recent summit, National Cyber Security Awareness Month serves as an excellent opportunity to reinforce our commitment to a collective approach to cybercrime prevention,” said Reed Taussig, president and CEO at ThreatMetrix. “No company or individual can stand alone in the fight against cybercrime. Through continuous innovation, we have developed a collaborative approach to preventing cybercrime, account takeover, payment fraud and identity spoofing.”
October Themes for National Cyber Awareness Month:
• Week One – Cyber Security is Our Shared Responsibility
• Week Two – Being Mobile: Online Safety and Security
• Week Three – Cyber Workforce and the Next Generation of Cyber Leaders
• Week Four – Cyber Crime
• Week Five – Critical Infrastructure and Cyber Security
ThreatMetrix plans to support each week’s theme throughout the month. And, to commemorate National Cyber Security Awareness Month, ThreatMetrix has also signed on as a “Champion” with the National Cyber Security Alliance. For more information on National Cyber Security Awareness Month, visit: http://www.dhs.gov/national-cyber-security-awareness-month or http://staysafeonline.org/ncsam/.
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 1,900 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
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