March 22, 2018
March 13, 2018
Posted December 9, 2015
San Jose, CA (PRWEB) December 09, 2015
Four themes emerge to empower digital businesses in the fight against cybercrime using global shared intelligence
ThreatMetrix®, The Digital Identity Company, is predicting 2016 to be the “year of the digital identity.” In the 16 “Cybercrime Predictions for 2016,” ThreatMetrix Cybercrime Predictions 2016 outline four main themes to emerge next year: businesses shifting to digital, cybersecurity moving to the c-suite, the threat of cyberattacks becoming increasingly global and heightened fraud strategies putting digital identity intelligence front and center.
The past year has seen record cybercrime numbers, with cyberattacks costing businesses about half a trillion dollars, according to Forbes. Unfortunately, high-level cyberattacks in several sectors – including healthcare, retail, government and financial, to name a few – have left nearly every American consumer affected, according to ZDNet.
“In 2016, it will be even more important to understand how to use shared intelligence to detect and prevent fraud,” said Vanita Pandey, senior director of strategy at ThreatMetrix. “As cybercriminals move attention online and consumers have more digital touchpoints than ever before, all businesses need to have a strategy in place for authenticating users in real-time.”
As attacks show no signs of slowing down in 2016, ThreatMetrix offers these core areas of focus for the coming year.
“While we always want to see a decrease in cyberattacks, history has shown they will likely continue to rise,” said Pandey. “To combat these attacks, we predict an increase in multi-device and digital identity security. Cybercriminals are getting smarter and more creative, so staying one step ahead is critical to avoid losing sensitive information.”
To learn more about the ThreatMetrix 2016 predictions, visit our blog.
ThreatMetrix®, The Digital Identity Company, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 15 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.
For more information, visit ThreatMetrix.com or call 1-408-200-5755.
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