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Posted April 23, 2014
Andreas Baumhof, ThreatMetrix CTO, to Participate in a Panel on Big Data Analytics and Fraud Detection
San Jose, CA – April 23, 2014 – ThreatMetrix®, the fastest-growing provider of context-based security and advanced fraud prevention solutions, today announced it is speaking and sponsoring at the at the 2014 Information Security Media Group (ISMG) Summit San Francisco, April 29 at the San Francisco Mariott Marquis.
The ISMG Fraud Summit series features one-day summits in major cities across North America and the United Kingdom, including San Francisco, Chicago, Toronto, London, New York, Orlando and Dallas. At the summits, fraud and cybersecurity thought leaders will have the opportunity to network and address key issues including account takeover fraud losses and trends, emerging mobile banking risks and insider threats.
Attendees at each summit will also benefit from earning up to eight hours of continuing professional education (CPE credits) and receiving exclusive research on emerging threats and countermeasures.
Andreas Baumhof, chief technology officer at ThreatMetrix, will participate in a panel at the summit titled “Big Data Analytics & Fraud Detection.” The panel, moderated by ISMG Executive Editor Tracy Kitten, will address how big data can help institutions discover anomalous behavior and expose fraudulent activity. Attendees will learn how to create an effective combination of expertise, experience and solutions to make meaningful sense of big data for fraud prevention and detection.
“Given recent data breaches – including Target, Neiman Marcus and Michaels – and other threats such as the Heartbleed vulnerability, businesses need advanced fraud prevention and context-based security solutions to protect against today’s sophisticated cybercriminals,” said Baumhof. “ThreatMetrix leverages big data to enable its customers to share threat data across business boarders in real time and I look forward to sharing this collective approach to cybersecurity with ISMG Fraud Summit attendees.”
ThreatMetrix enables its customers to use big data analytics to their advantage through the ThreatMetrix Platform, which leverages more than 500 million monthly transactions in the ThreatMetrix Digital Identity Network to differentiate between authentic and fraudulent activity. The company recently enhanced its big data analytics with the ThreatMetrix® Spring 2014 Release, which offers unprecedented trust analytics. This enables businesses and enterprises to improve identity authentication policies by comparing against global benchmarks derived from peers in their industry, the size and scale of the business, geographic location and more.
To register for the ISMG Fraud Summit San Francisco, visit http://www.ismgcorp.com/fraud-summit/san-francisco/registration.
ThreatMetrix builds trust on the Internet by offering market-leading advanced fraud prevention and frictionless context-based security solutions. These solutions authenticate consumer and workforce access to mission critical applications using real-time identity and access analytics that leverage the world’s largest trusted identity network.
ThreatMetrix secures enterprise applications against account takeover, payment fraud, fraudulent account registrations, malware, and data breaches. Underpinning the solution is the ThreatMetrix Digital Identity Network, which analyzes over 500 million monthly transactions and protects more than 160 million active user accounts across 2,500 customers and 10,000 websites.
The ThreatMetrix solution is deployed 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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