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ThreatMetrix to Showcase Leading Online Fraud Prevention Solutions at July 20 – 22 Casual Connect Seattle 2010

Posted June 29, 2010

LOS ALTOS, CA.  –  June 30, 2010 – ThreatMetrix™, a fast growing provider of fraud prevention solutions that do not require personally identifiable information (PII), today announced that it will be exhibiting at the July 20 – 22 Casual Connect Seattle 2010.

Casual Connect Seattle 2010 is sponsored by The Casual Games Association, an international organization with a paid membership of more than 4,000 gaming executives, publishers and developers. Dedicated to promoting casual games for general consumers and providing educational resources for game development, the association hosts annual conferences in Seattle, Kyiv and Hamburg, publishes a magazine three times a year, and issues research reports on the industry. The association was founded in 2005 by members of the casual games industry.

WHAT:       Casual Connect Seattle 2010 Games

WHEN:       July 20 – 22, 2010

WHERE:     Seattle, Washington

WHY:         ThreatMetrix helps gaming companies detect and prevent fraud in a variety of scenarios including:

  • Account hijacking and virtual goods theft: Cybercriminals use a number of tactics to acquire user names, passwords and personal data. Once an online game account has been compromised, attackers drain a user’s account and quickly convert the virtual currency into real currency.
  • Credit card testing: Cybercriminals use a gaming site to test their inventory of stolen credit cards.
  • Virtual goods and services trades: Bartering of virtual goods for other virtual goods, tangible goods, or services. The risk of theft increases due to the greater number of methods in which a   trade can occur such as through a direct transfer, trade window, dropping, in-game mail or in-game trading tool.
  • User and computer manipulation: Once a computer is infected and controlled by a cybercriminal, it is vulnerable to an array of malicious activities such as click fraud scams and fraudulent credit card use.

To read a ThreatMetrix co-authored article on “Protecting Online Games and Gamers from Cybercriminals,” go to: http://games.venturebeat.com/2010/04/08/protecting-online-games-and-gamers-from-cybercriminals/

Key benefits of the ThreatMetrix Fraud Network to Casual Games Association members include:

  • Stop chargebacks, payments and transaction fraud the first time based on device anomalies
  • Instantly recognize device, credential and behavioral anomalies based on transaction or payment context
  • Leverage improved decision management tools to help you analyze report and control transaction fraud
  • Increase revenue by declining good customers less often

About ThreatMetrix

ThreatMetrix helps companies stop web fraud and enable e-commerce. The ThreatMetrix Fraud Network helps online businesses verify new accounts, authorize payments and transactions and authenticate user logins in real-time without relying on personally identifiable information (PII). ThreatMetrix profiles the device used in an online transaction so companies can determine whether the users are fraudsters or customers. ThreatMetrix device profiling goes beyond browser fingerprinting to identify the device, bypass proxies and detect the use of botnets. ThreatMetrix’ simple and cost-effective SaaS approach to implementation enables companies to get results in hours or days, rather than weeks or months. The company serves a rapidly growing customer base in the U.S. and around the world across a variety of industries including social networks (dating, gaming), financial services, e-commerce, affiliate marketing and payments.  For more information, visit www.threatmetrix.com or call 1-650-625-1451.

© 2010 ThreatMetrix.  All rights reserved. ThreatMetrix 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.

Media Contacts:

Dan Rampe
ThreatMetrix
Tel: 650-625-1451, ext. 122
Email: drampe@threatmetrix.com

Kevin Wolf
Tool Guy PR
Tel: 650-327-1641
Email: Kevin@toolguypr.com

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