The Report Provides an Evaluation of the Leading Vendors in the Verification of Trusted Devices for Financial Institutions and E-Commerce Companies
San Jose, CA – March 21, 2012 – ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, announced today that it has been named a leading complex device-printing vendor in “Complex Device-Printing: A Front-Line Essential”, a Q1 2012 Aite Group report.
The report details the importance of complex device-printing in identifying fraud and verifying trusted devices, while also identifying the top five leading complex device-printing vendors in the industry. The report recognizes ThreatMetrix as a leading vendor for its integrated device identification and malware detection solution.
“With the acquisition of TrustDefender, ThreatMetrix is the first company to combine advanced device identification and malware detection in a single platform backed by a global network of shared intelligence,” said Bert Rankin, vice president of marketing, ThreatMetrix. “We are honored to be recognized as a leading device-printing vendor by Aite Group and look forward to leading the fight against cybercrime.”
According to Aite Group research, complex device-fingerprinting is one of the ‘most effective’ and ‘least intrusive’ technologies for online fraud mitigation. It is an important resource for any entity engaged in the global fight against cybercrime, added Rankin.
Over the last few years, financial institutions have been targeted for corporate account takeovers and other cyber threats. As a result, regulators are ramping up the pressure on financial institutions to increase their remote-channel fraud mitigation tactics, including the deployment of multi-layered security strategies.
“Financial institutions are bolstering their defenses in the wake of the uptick in corporate account takeovers in recent years,” said Julie Conroy McNelly, research director for Aite Group’s Retail Banking practice. “Session-based security is no longer enough. FFIEC banking guidelines require financial institutions use a layered security approach to safeguard assets and complex device-printing should be a key part of any FI’s layered strategy.”
E-commerce companies are also in the crosshairs of sophisticated cybercriminals who target them to steal identities, test stolen credit cards or conduct data breaches. These sites are increasingly turning to ThreatMetrix to identify devices, bypass proxies and detect the use of botnets. Online merchants are able to reduce the costs of fraud while protecting the online experience for legitimate customers, added Rankin.
To download a copy of Aite Group’s “Complex Device-Printing: A Front-Line Essential” report, click here.
ThreatMetrix is the fastest-growing provider of integrated cybercrime prevention solutions. The ThreatMetrix™ Cybercrime Defender Platform helps companies protect customer data and secure transactions against fraud, malware, data breaches, as well as man-in-the browser (MitB) and Trojan attacks. The Platform consists of advanced cybersecurity technologies, including TrustDefender™ ID, which is cloud-based, real-time device identification, malware protection with TrustDefender™ Cloud and TrustDefender™ Client, as well as TrustDefender™ Mobile for smartphone applications. The company serves a rapidly growing global customer base across a variety of industries, including financial services, e-commerce, payments, social networks, government, and healthcare.
For more information, visit www.threatmetrix.com or call 1-408-200-5755.
© 2012 ThreatMetrix. All rights reserved. ThreatMetrix, TrustDefender ID, TrustDefender Cloud, TrustDefender Mobile, TrustDefender Client, the ThreatMetrix Cybercrime Defender Platform, and the ThreatMetrix logo are trademarks or registered trademarks of ThreatMetrix in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.
Walker Sands Communications