For ThreatMetrix™, the honors continue coming. Last year it was a Red Herring Global 100 Award. This year ThreatMetrix is a finalist for the 2012 Merchant Risk Council Emerging Technology Awards (METAwards) in the “established company” category.
The Merchant Risk Council presents METAwards in recognition of the most innovative and progressive technologies and solutions specifically designed to help e-commerce merchants better fight online fraud and reduce losses in online payment transactions. The reason for ThreatMetrix’s selection is the company’s ThreatMetrix™ Cybercrime Defender Platform, which helps merchants protect customer data and secure transactions against fraud, malware, data breaches, as well as man-in-the browser (MitB) and Trojan attacks. The Cybercrime Defender Platform serves as the first perimeter of defense against fraud and malware by offering a shared intelligence solution that analyzes data across the platform – and throughout a global network.
The METAwards competition will take place from 11:15 a.m. – 12:15 p.m. Wednesday, March 28, in the Grand Ballroom at the Wynn Hotel.
Peter Liske, vice president of product management at ThreatMetrix, and Stephen Baumer, CTO of GoPro, will be speaking on “Extreme Fraud Fighting on the Edge” at 9 a.m. March 29 at a joint session of the Conference, which serves as the industry’s leading event on managing payments, preventing online fraud and promoting secure e-commerce.
“To successfully protect the integrity of online transactions, merchants must determine if a device has been compromised and if the transaction is fraudulent,” said Bert Rankin, vice president of marketing, ThreatMetrix. “This requires sophisticated malware detection and intelligent device identification in a time when cybercrime is a growing threat.”
In fact, according to CyberSource, merchants reported losing an estimated $3.4 billion to online fraud in 2011. The same study revealed that device fingerprinting, in particular, is highest on merchants’ “plan to buy” list over the next year.
“We are honored to be recognized by the Merchant Risk Council for contributing an innovative solution that better protects merchants and their customers from cybercrime,” added Rankin.
For more information, visit ThreatMetrix at booth No. 208 at the MRC e-Commerce Payment & Risk Conference. To register for the event, visit the Merchant Risk Council website.