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Posted February 11, 2013
Andreas Baumhof, CTO of ThreatMetrix, to Provide Insight and Advice on Growing Financial Threat Landscape
San Jose, CA – February 11, 2013 – ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, today announced that Andreas Baumhof, chief technology officer, ThreatMetrix, has been named to the BankInfoSecurity Board of Advisers to contribute his expert opinion on the growing cybersecurity threats to the financial industry. Published by Information Security Media Group (ISMG), BankInfoSecurity specializes in covering news that helps security leaders make critical decisions regarding their clients’ information security.
“Cybercrime is constantly evolving, so it can be difficult to keep up with the latest threats to financial institutions,” said Baumhof. “BankInfoSecurity keeps industry leaders informed and up-to-date on how to best protect themselves and their customers. I’m pleased to lend my expertise to make sure financial service organizations are best prepared for the cybersecurity threats that will arise in 2013.”
As a board member, Baumhof will help guide the publication’s coverage of security, fraud, privacy, risk management and other key issues. He will also regularly contribute expert insight about regulatory compliance, the current threat landscape and news coverage, as well as risk management strategies and security technologies.
With more than a decade of cybersecurity experience, Baumhof most recently served as executive director, CEO and co-founder of TrustDefender – an Australian-based provider of security and fraud detection technologies prior to its acquisition by ThreatMetrix. He also previously served as a co-founder and chief technology officer of Mircodasys Inc., and developed the first SSL proxy. He has patents pending in Europe and the U.S. for his cybersecurity innovations.
Information Security Media Group (ISMG) publishes BankInfoSecurity, CUInfoSecurity, GovInfoSecurity, HealthcareInfoSecurity, InfoRiskToday, DataBreachToday and CareersInfoSecurity. These digital media sites offer news, views, research and education on the top industry, security, regulatory and technology challenges facing information security leaders worldwide. Each site is guided by an advisory board of renowned thought-leaders from business, government and education.
ThreatMetrix®, The Digital Identity Company®, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 20 billion annual transactions supporting 30,000 websites and 4,000 customers globally through the ThreatMetrix Digital Identity Network®, ThreatMetrix secures businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches. Key benefits include an improved customer experience, reduced friction, revenue gain and lower fraud and operational costs. The ThreatMetrix solution is deployed across a variety of industries, including financial services, e-commerce, payments and lending, media, government and insurance.
Walker Sands Communications