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Posted September 2, 2015
San Jose, CA – September 2, 2015
As the School Year Kicks into Full Gear, Students are Turning to Mobile Devices and Cybercriminals are Targeting Higher Education Institutions Data Breaches
ThreatMetrix®, the fastest-growing provider of context-based security and advanced fraud prevention solutions, today announced the top cybersecurity risks for educational institutions and students during the 2015-2016 school year. As data breaches increase in frequency and scale, and mobile usage continues to grow, ThreatMetrix warns academic institutions of the cyber threats associated with students’ return to campus.
“Technology is playing an increasingly integral role in education,” said Andreas Baumhof, chief technology officer at ThreatMetrix. “Students are taking online tests, using mobile devices in the classroom and storing their personal information in the cloud. While the digital classroom concept creates additional learning opportunities for students, it also increases vulnerabilities and opens the door for fraudsters to wage attacks.”
To prepare for cybercrime threats, ThreatMetrix has outlined the top cybercrime risks and trends that students and educational institutions should be aware of this school year:
“School officials need to do their part to make sure that everyone’s private information is safe,” said Baumhof. “Universities should operate under the assumption that their PII has been compromised. Educational institutions, especially those with internal websites, need to leverage global shared intelligence to protect digital identities and ensure they’re not the next data breach victims in the news.”
As cybercrime continues to grow across channels and industries, it is trending to include educational institutions as a top target. Attacks detected using real-time analysis and global shared intelligence show us that fraudsters are constantly developing sophisticated strategies to compromise digital identities. The ThreatMetrix® Digital Identity Network analyzes more than one billion transactions each month and offers the only frictionless cybersecurity solution that combines enhanced mobile identification, location-based authentication, endpoint intelligence, behavior intelligence and real-time trust analytics into a powerful, context-based authentication and fraud prevention solution.
ThreatMetrix offers 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 Digital Identity Network, which analyzes billions of transactions and protects hundreds of millions of active user accounts across tens of thousands of websites and mobile applications. 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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