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Posted May 2, 2013
Movement to Self-Service Broker and Customer Portals has Created Elevated Exposure to Security Threats
San Jose, CA – May 2, 2013 –ThreatMetrix™, the fastest-growing provider of integrated cybersecurity solutions, today announced that it is exhibiting in booth 414 at the ACORD LOMA Forum, May 6 – 8, at the MGM Grand in Las Vegas. The ACORD LOMA Forum is the premier event for insurance technology, business and networking.
The insurance industry’s transition to a paperless environment has created new opportunities in operational efficiency. More than ever before, industry stakeholders have instant, digital access to financial records, medical data and other sensitive customer information.
“The electronification of insurance has created new challenges; the most significant being an elevated exposure to security threats,” said Bert Rankin, chief marketing officer, ThreatMetrix. “To overcome these challenges, insurance companies need secure portals to protect their customers, agents and brokers to comply with the Gramm-Leach Bliley (GLB) Act Safeguards Rule and adequately protect the integrity of their customers’ identities.”
The ThreatMetrix Platform combines multiple technologies (malware detection, device identification, embedded mobile threat intelligence) to create layered defenses to protect insurance companies from account takeover, fraudulent registrations and transaction fraud. ThreatMetrix ensures that brokers and field agents that connect to insurance claims processing systems are who they claim to be by detecting accounts that may be compromised and alerting carriers before unauthorized access is permitted. ThreatMetrix uses advanced device identification and session hijacking malware detection capabilities to pinpoint potentially malicious requests. By doing so, insurance carriers can instill confidence in their broker, agents and customers that their information is secure.
ThreatMetrix is the fastest-growing provider of integrated web fraud and cybersecurity solutions. The ThreatMetrix Platform helps companies prevent unauthorized access to web and mobile applications, protect sensitive data, and secure transactions against account takeover, payment fraud, identity spoofing, malware, and data breaches. ThreatMetrix protects more than 1,500 customers and 8,500 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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