ThreatMetrix Selected as SINET 16 Innovator to Present at 2013 SINET Showcase
Posted November 6, 2013
ThreatMetrix Joins Forces with Federal Government to Defeat Cybersecurity Threats
San Jose, CA – November 6, 2013 – ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, today announced that it has been selected as a Security Innovation Network™ (SINET) 16 Innovator. ThreatMetrix will demonstrate its ThreatMetrix™ Global Trust Intelligence Network (The Network) during the SINET Showcase 2013 on December 4-5, 2013 at the National Press Club in Washington D.C.
The Network, which analyzes more than 500 million monthly transactions from 1,900 customers and 9,000 websites to help businesses and government entities determine good and bad actors. The Network is the only global data repository that provides insight into positive and negative behavior and threat intelligence for past transactions, online personas and devices using trust-based authentication. By leveraging collective trust intelligence, businesses and government entities can prevent suspicious transactions without compromising or inconveniencing authentic customers.
“Speaking for everyone at ThreatMetrix, we are extremely pleased and gratified at our inclusion in SINET’s Top 16 Cybersecurity Innovators,” said Reed Taussig, president and CEO, ThreatMetrix. “Recognition for our cybersecurity contributions by such a distinguished group of individuals from government, industry, the investment community and academia makes us proud and gives us added impetus to continue developing innovative solutions like The Network to maintain an online world free from cybercriminals.”
SINET is an organization focused on advancing cybersecurity innovation through public-private collaboration. The SINET Showcase, a public-private partnership initiative, was created to identify and share innovative and potentially disruptive cybersecurity technologies among the audience of buyers and influencers from the investment, research, commercial, civilian, defense and intelligence communities.
“The traditional corporate debate of ‘build versus buy’ is no longer a debate,” said Robert Rodriguez, chairman and founder of SINET. “It’s a buy market being driven by a dynamic attack environment. As a result, the importance of accelerating innovation is imperative, not only for the entrepreneur, but also for a higher calling – the national security and economic interests of our country. We congratulate the SINET 16 for helping shape, influence and impact the future of the cybersecurity domain.”
About the Security Innovation Network™
SINET is a community builder and a strategic advisor whose mission is to advance innovation and enable global collaboration between the public and private sectors to defeat Cybersecurity threats. It’s public-private partnership events are supported by the U.S. Department of Homeland Security, Science & Technology Directorate. SINET also offers Advisory Services and a Membership Program that have helped build thousands of relationships and delivered value across a broad spectrum of the security community to include builders, buyers, researchers, and investors. For more information visit www.security-innovation.org.
ThreatMetrix secures Web transactions against account takeover, payment fraud, identity spoofing, malware, and data breaches. The ThreatMetrix Global Trust Intelligence Network, which analyzes 500 million monthly transactions, provides context-based authentication and Web fraud prevention to help companies accelerate revenue, reduce costs and eliminate friction. ThreatMetrix protects more than 1,900 customers and 9,000 websites across a variety of industries, including financial services, enterprise, e-commerce, payments, social networks, government, and insurance. For more information, visit www.threatmetrix.com or call 1-408-200-5755.
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