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Posted April 25, 2013
Presentation Will Educate Attendees on Tactics and Techniques to Avoid a Cyberattack or Data Breach
San Jose, CA – April 25, 2013 – ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, today announced that Andreas Baumhof, chief technology officer, ThreatMetrix, will speak on “Proactive Tactics for Avoiding Attacks and Data Breaches” at the FS-ISAC & BITS Annual Summit, April 28 – May 1, at Marriott Sawgrass, Ponte Vedra, Fla.
Baumhof, joined by other leading industry professionals and thought leaders, will present Tuesday, April 30 from 3 – 4 p.m. ET on tactics and techniques to avoid a cyberattack or data breach. Examples of behavior-based learning, device identification, anomaly detection, reducing the attack surface, continuous monitoring, and leveraging metrics will provide the audience with information to help prevent damaging attacks.
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.
According to the recently published Verizon 2013 Data Breach Investigations Report (DBIR), “financially motivated cybercrime” and “state-affiliated espionage campaigns” took the top two spots for all breaches that occurred in 2012, with the former accounting for 75 percent of all breaches and the latter 20 percent.
“This week’s Verizon Report confirms the degree to which financial services firms are primary targets for cybercriminals due to the assets and challenges associated with online customer authentication,” said Baumhof. “ThreatMetrix helps financial institutions prevent account takeover, fraudulent new account registration and transaction fraud, while helping them meet Federal Financial Institutions Examination Council (FFIEC) compliance.”
ThreatMetrix’s leading ThreatMetrix Platform helps financial institutions:
• Reduce fraud loss and chargebacks using real-time fraud prevention
• Address FFIEC layered security guidelines
• Keep malware and targeted Trojans away from sensitive transactions
• Reduce manual review costs and improve customer satisfaction with improved order screening automation
• Protect customers and transactions from targeted attacks
• Identify legitimate returning customers vs. cybercriminals in real-time
• Integrate payments and transaction fraud prevention intelligence with the rest of your online business
• Detect sophisticated malware, botnet and phishing attacks
• Identify cybercriminals hiding behind hidden proxies and Virtual Private Networks (VPNs), and identify true geo-location
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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