Evaluating over 25 million transactions each day provides ThreatMetrix™ with a unique insight into the tactics used by fraudsters. Below is a sample of the information generated through our global TrustDefender™ Cybercrime Protection Platform used to protect our customers from fraud. If you are experiencing one or more of these demanding issues, please contact us immediately.

Online fraud is a game of deception. But the strategy and tactics employed by a fraudster can be quite different depending on the target, the industry and the objective. ThreatMetrix provides the only global online fraud prevention platform that stops web fraud and enables e-commerce for new account origination, web payments and account logins. Armed with this information, online businesses are able to quickly sort out good customers from criminal activity.

Percentage of Transactions from Compromised Devices

November 9 – November 19

This chart depicts the percentage of transactions that have come from devices that are known to have been compromised by botnets or malware. As shown, on a typical day 4.5 – 7.2 % of the transactions ThreatMetrix monitors falls into this category. Using the ThreatMetrix Cloud-Based Fraud Prevention Platform, these transactions can be easily flagged for additional inspection.

Percentage of Transactions from Devices that Have Had Cookies Wiped

November 9 – November 19

The chart above depicts the percentage of transactions that have come from devices that are known to have wiped their cookies. As shown, on a typical day 2 – 4 % of the transactions ThreatMetrix monitors falls into this category. Using less sophisticated solutions, these transactions would appear to be coming from new, unknown devices. However, with Threatmetrix SmartID™, these transactions can be easily flagged for additional inspection.

Percentage of Transactions From Devices that are Associated with Multiple Email Addresses

November 10 – November 20

This chart demonstrates that on a typical day .58 – .84% of the transactions ThreatMetrix monitors are coming from devices that have three or more email addresses associated with them. This is an unusually good indicator that a fraudster has obtained personal data. Using the ThreatMetrix Cloud-Based Fraud Prevention Platform, these transactions can be easily rejected or flagged for additional inspection.

Percentage of Transactions Flagged as Higher Risk

November 10 – November 20

As shown above, every day 5 – 8 % of transactions are evaluated and flagged as coming from high risk devices. Using the ThreatMetrix flexible rules engine, the attributes that indicate high risk transactions can be tailored for each customer. These transactions can be automatically rejected rather than spending valuable time and money in a manual review process.

Percentage of High Risk Transactions by Country

November 21

This chart illustrates that most high risk transactions are generated from the U.S. This is due to the high volume of transactions that ThreatMetrix monitors which are generated within the U.S. However, if we look at which countries have the highest percentage of high risk transactions, a different story emerges.

Countries with Highest Percentage of High Risk Transactions

May 31

This chart highlights which countries are generating a disproportionate number of high risk transactions as a percent of their total transactions. Depending upon your specific business model, these transactions can be rejected, reviewed or approved.

Mobile Transaction Volumes

May 2010 – May 2011

Smart phones are increasingly representing a larger proportion of online transactions. As shown above, ThreatMetrix customers are participating in this trend as the number of transactions through mobile devices has doubled to over 2% in less than a year. The iPad and Android devices are the primary catalysts for growth. The ThreatMetrix Cloud-Based Fraud Prevention Platform can identify and prevent fraudulent transactions from both mobile as well as traditional desktop devices.

Relative Mobile Transaction Volume by Country

As shown above, mobile solutions are extremely important around the world. While the U.S. represents the largest number of mobile transactions, a number of countries have Mobile transaction rates as a % of total transactions that far exceed the US. Kenya, Nigeria and Kuwait have the highest percent of mobile transactions with rates of 11.8, 11.1 and 5.5% respectively. The ThreatMetrix ability to determine that exact geo-location of each device aids greatly in the ability to identify returning good customers from fraudulent activity.