ThreatMetrix to Present on “Enabling Customer Channel Innovation through Rapid Security Intelligence and Response” at FS-ISAC & BITS Annual Summit
Posted May 13, 2015
Alisdair Faulkner, Chief Products Officer, Will Educate Attendees on Helping Financial Institutions Avoid Cyber Threats by Using Rapid Security Intelligence
San Jose, CA – May 13, 2015 – ThreatMetrix®, the fastest-growing provider of context-based security and advanced fraud prevention solutions, ThreatMetrix®, the fastest-growing provider of context-based security and advanced fraud prevention solutions, today announced that Alisdair Faulkner, chief products officer, will present at the FS-ISAC & Bits Annual Summit 2015, May 17-20, Loews Miami Beach Hotel, Miami Beach, Fla.
FS-ISAC – the Financial Services Information Sharing and Analysis Center – is a non-profit association comprised of financial institution members. The organization is dedicated to protecting the financial services sector from physical and cyber threats, attacks and incidents through the dissemination of trusted and timely information. The 2015 Annual Summit will draw in hundreds of industry executives and practitioners to discuss the latest information on cybersecurity threats, trends and technology in the financial services industry. The summit will include presentations from more than three dozen senior executive FS-ISAC members.
Faulkner’s presentation, titled “Enabling Customer Channel Innovation through Rapid Security Intelligence and Response” will take place on Wednesday, May 20 from 9:30-10:30 a.m. EDT. Presenting alongside Faulkner will be Bryan Strong, senior vice president, director of information security at Zions Bancorporation. During Faulkner and Strong’s presentation, attendees will learn about the benefits of using rapid security controls for financial institutions to detect cyber threats in real time and act quickly to protect against them. Additionally, ThreatMetrix will exhibit at booth 14 during the summit.
“Financial institutions currently face challenges in meeting the growing number of authentication guidelines in the wake of major data breaches, which have exposed many customers’ credentials,” said Faulkner. “In the current cybercrime environment, financial institutions must assume identities and devices are compromised before authenticating transactions. With static controls, by the time a threat is identified, it takes financial institutions far too long to take action against it. At the summit, I’ll be discussing tactics for financial institutions to leverage a digital identity network to quickly and accurately authenticate good users and keep out cybercriminals.”
In order for financial institutions to assume digital identities and to identify cybercriminals in real time, the ThreatMetrix Digital Identity Network offers a layered approach to stop criminals in their tracks. Faulkner will be discussing several ways for financial institutions to mitigate a core risk of compromised credentials by using a layered approach. The ThreatMetrix Digital Identity Network brings together all aspects of a person’s online devices and behavior into one unique digital identity – including email addresses, geo-locations, devices and both personal and business personas. This network enables financial institutions meet authentication guidelines and to protect accounts against bots using stolen credentials by leveraging a global view of devices and persona behavior to detect anomalies.
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ThreatMetrix builds trust on the Internet by offering market-leading advanced fraud prevention and frictionless context-based security solutions leveraging a global shared digital identity network and real time customer driven analytics platform. These solutions help customers differentiate between trusted users and potential fraud resulting in reduced friction, incremental revenue and lower fraud and operational costs.
ThreatMetrix secures customers against account takeover, payment fraud, fraudulent account registrations resulting from malware, and data breaches. Underpinning the solution is the ThreatMetrix® Global Trust Intelligence Network, which analyzes over one billion monthly transactions and protects more than 250 million active user accounts across 3,000 customers and 15,000 websites and mobile applications. ThreatMetrix is deployed by industry leaders across financial services, 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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