- CyberCrime Center
January 29, 2014
The year 2013 saw ThreatMetrix™ leading the industry in “Building Trust on the Internet” to slash fraud and foster faster, more secure and safer online transactions in every part of the world. (To learn more, read my latest ThreatMetrix blog post, “The New Model for Building Trust on the Internet.”)
Twenty thirteen also saw new laws and regulations enacted for the protection of consumer privacy. Many of those rules favor privacy to the detriment of retail and other enterprises which face a virtual tsunami of cybercrime. And, cybercriminals are getting more sophisticated and better at their craft month by month.
“We work with many of the world’s most recognized and trusted brands, financial institutions, enterprises and government agencies,” said Reed Taussig, president and CEO, ThreatMetrix. “Today, we protect over 500 million transactions each month and over 160 million active online accounts. Every transaction is screened by ThreatMetrix to provide businesses with confidence and trust that they are servicing an authenticated and valuable customer and not a cybercriminal. The ThreatMetrix™ Global Trust Intelligence Network (The Network), which is completely passive and fully consumer anonymized, has proven to be the right solution to satisfy the competing agendas of consumer privacy and security.”
In its fight against cybercrime, ThreatMetrix has made advances in key areas, passed many milestones and notched numerous achievements:
“ThreatMetrix exited 2013 leading the way towards building trust on the Internet by helping its customers identify and differentiate between authenticated good consumers and bad actors with its TrustDefender™ Cybercrime Protection Platform,” said Taussig. “By leveraging the power of The Network, now one of the largest fully anonymized fraud identification networks in the world, ThreatMetrix protects customer trust and eliminates fraud without compromising consumer privacy. Our record 2013 milestones position the company for continued growth throughout 2014.”
To learn more about “The New Model for Building Trust on the Internet,” read the latest ThreatMetrix blog post by Taussig.
ThreatMetrix secures Web transactions against account takeover, payment fraud, identity spoofing, malware, and data breaches. The ThreatMetrix Global Trust Intelligence Network, which analyzes 500 million monthly transactions, provides context-based authentication and Web fraud prevention to help companies accelerate revenue, reduce costs and eliminate friction. 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.
Posted by Dan Rampe
Tags: Account Takeover, Account Takeover Fraud, Bank Fraud, Botnets, Building Trust on the Internet, CNP fraud, 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 Global Policy Engine, ThreatMetrix Persona ID, ThreatMetrix Trust Tags, ThreatMetrix Web Fraud Map, TrustDefender Cybercrime Protection Platform, Web Fraud