ThreatMetrix In The News

CNP fraud: Evolving strategies for an evolving market

Aite expects CNP fraud will cost U.S. retailers and banks $7.2 billion annually by the end of 2020. “EMV migration represents a big win for straightforward, friction-free transacting, but at what cost?” asked Vanita Pandey, Vice President, Strategy and Product Marketing at ThreatMetrix.

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ThreatMetrix makes a strategic move on Asia Pacific

Pascal Podvin, SVP field operations of ThreatMetrix, says companies are now realizing that cybercrime evolves as rapidly as their digital reach expands. “They are looking for an actionable digital business model in this highly connected region,” says Podvin. “With its digital identity network, fed by more than 20 billion transactions originating from 240 countries, ThreatMetrix is facilitating the digital transformation of these businesses, protecting them against cybercrime,…

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ThreatMetrix expands to Asia Pacific

ThreatMetrix has announced its expansion in the Asia Pacific region (APAC) operations following the expanding digitalisation of the market in financial services and e-commerce in the region. ThreatMetrix serves customers in five markets including Greater China, Japan and Korea, India, Australia and Southeast Asia. Local business managers and professional services teams are being deployed from…

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ThreatMetrix initiates Asia Pacific expansion

ThreatMetrix has revealed widespread growth in its APAC operations following Network expansion and the rapidly expanding digitalization of the market in financial services, eCommerce and government customers in the region. The company hired four new leaders in the expanded APAC region: Jean-Bernard Dumerc joined as Country Manager for Japan and Korea, Chih Hung Lau (Frank)…

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ThreatMetrix releases Q2 Cybercrime report

The greater number of stolen identity credentials in the marketplace fostered a 250 percent year-over-year increase in the number of attacks on new accounts. Fraud perpetrators using those credentials have unleashed 50 percent more automated bot attacks since Q1. TheatMetrix’s network detected 450 million threats. “Digital authentication continues to be one of our biggest use…

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ThreatMetrix, a Digital Identy Company, Initiates Asia Pacific Expansion

The company also recently invested in a local data center to bolster the company’s expansion in Greater China and fuel rapid growth across Asia. ThreatMetrix products and solutions offer massive improvement over traditional methods of authentication, which often pose issues of either friction or lack of coverage. As digital usage grows across APAC, so increases…

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Things Yet to Come in the Evolution of eCommerce

Signature and patented machine learning fraud detection methods are already in place, and this technology is still in its infancy. Services like ThreatMetrix use real-time detection and prevention technologies to prevent fraud and protect consumers. But this is just the beginning of something bigger.

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As Fraudsters Rush Online, Identity Becomes the ‘New Currency’ for Illicit Transactions

Criminals stepped up their attacks on e-commerce sites in the second quarter, producing more than 69 million rejected transactions, a stunning 90% increase from the same quarter a year ago, according to the Q2 2016 Cybercrime report recently released by ThreatMetrix.

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Cybercrime Increasingly Targeting E-Commerce and Account Openings

Cybercrime across global and mobile transactions includes an increase in attacks on e-commerce, due to EMV fallout, and account openings, according to San Jose, Calif. based digital identity firm ThreatMetrix.

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Report reveals massive increase in cyber attacks

A ThreatMetrix report has revealed a 50% increase in global attacks, with 1 in 10 new account applications now rejected and data breaches linked to heightened use of stolen identities. The Q2 Cybercrime Report is based on actual cybercrime attacks from April-June 2016 that were detected by the ThreatMetrix Digital Identity Network during real-time analysis…

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