September 19, 2017
September 18, 2017
September 15, 2017
Cyberattacks are complex and ever-changing. Organizations have therefore invested in security solutions that are single-purpose and endpoint-oriented to defend against complex attacks. Many of these security solutions are optimized to detect a specific threat vector and typically for either web or mobile channels, but not both. For example, there are single-purpose products for bot detection, malware detection, proxy and VPN detection, device recognition, mobile security and still more for newer attacks like remote access Trojans (RATs). The downside is that organizations often end up with numerous disparate systems that lack cohesion. This makes the single purpose solutions more susceptible to being attacked individually by cybercriminals.
The challenge with disparate security systems isn’t the lack of functions or features, but rather their lack of integration. Therefore, organizations need to defend against attacks by leveraging aggregated insight from their portfolio of security solutions instead of just disparate pieces of data from each system.
A multi-layered approach to security is essential but the challenge is orchestrating these layers to drive better decision-making. ThreatMetrix Open Intel addresses the key challenge in dynamic fraud prevention and authentication: the continuous and evolving need to test and integrate new and niche intelligence feeds, signals and authentication methods with disparate or legacy security solutions.
Open Intel provides organizations with a framework for building custom integrations of external signals and third-party vendor data solutions onto the ThreatMetrix platform. This open platform orchestration preserves prior and future data investments and helps organizations make faster, smarter fraud decisions with clear, decisive action. Examples of third-party endpoint security solutions include:
ThreatMetrix can create tailored rules around any data points from third-party data sources in addition to standard ThreatMetrix fields. Additional third-party data can be integrated as custom attributes. Rules are tailored to suit individual business requirements and risk scores, and can be applied globally or locally. For example:
“ThreatMetrix Open Intel allows our customers to benefit from the scale and breadth of global threat intelligence already built into our Network, with supplementary third-party data in one unique, cost-effective and flexible framework.” – Alisdair Faulkner, chief products officer, ThreatMetrix
Intelligence from the ThreatMetrix Digital Identity Network drives the ThreatMetrix Dynamic Decision Platform, which operationalizes all elements of the ThreatMetrix Solution.
The Network harnesses global shared intelligence from millions of daily consumer interactions across thousands of the world’s largest businesses and across multiple use cases including logins, payments and new account applications.
Using this information, ThreatMetrix stitches together a user’s true digital identity by analyzing the myriad connections between devices, locations and anonymized personal information. Transactions are verified in real time against trusted patterns of behavior: high-risk anomalies are accurately identified for review while genuine users experience minimal friction.
The ThreatMetrix Dynamic Decision Platform unites four key elements:
Organizations using the Dynamic Decision Platform drive smarter decisions for: