ThreatMetrix to Present at CSI 2010 on “Preventing Online Fraud with Device Fingerprinting Technology”

Oct 11 ThreatMetrix to Present at CSI 2010 on “Preventing Online Fraud with Device Fingerprinting Technology”

LOS ALTOS, CA. – October 12, 2010 – ThreatMetrix™, the fastest-growing provider of fraud prevention solutions that do not require personally identifiable information (PII), is presenting from 3:10 – 3:30 p.m. ET, Thursday, October 28 on “Preventing Online Fraud with Device Fingerprinting Technology” at CSI 2010 at the Gaylord National Resort and Convention Center, National Harbor, Maryland. Alisdair Faulkner, chief products officer, ThreatMetrix, will present case studies demonstrating the use of botnets and hidden proxies being used to commit fraudulent credit card transactions, account registrations and account takeover attacks, and how an anonymous Internet-scalable device fingerprinting and behavioral analytics system can be used to prevent cybercrime.

CSI 2010 is the leading IT security management conference on the East Coast. Designed for information security and IT professionals of all levels, the comprehensive program focuses on both technological as well as management solutions.

WHO: Alisdair Faulkner, chief products officer, ThreatMetrix

WHAT: The use of botnet proxies, scripts and compromised computers to commit online fraud is now a mainstream problem for all online business. Learn how these tools are being used to defraud etailers, social networks and financial institutions through case studies, and understand how fraud prevention techniques have been forced to evolve. The presentation will provide an under-the-cover examination of an Internet scalable fraud prevention system that leverages anonymous device profiling through browser and packet fingerprinting combined with global behavioral analytics and real-time anomaly detection.

WHEN: 3:10 – 3:30 p.m. ET, Thursday, October 28

WHERE: Gaylord National Resort and Convention Center, National Harbor, Maryland.

WHY: The scale of Internet fraud is sizeable and growing by every measure. According to CyberSource’s 11th Annual Fraud Report (352 U.S. and Canadian merchants), Internet retailers lost more than $3.3 billion to fraud last year and Javelin Strategy & Research 2009 Identity Fraud Survey Report stated that more than $48 billion was lost as a result of identity fraud. In fact, the numbers associated with these and other fraud reports are probably under reported as most merchants and the industry are reluctant to report the true extent of their losses due to fraud. Learn how botnet detection, device fingerprinting, protocol and network intelligence are being used to differentiate between valuable customers and fraudsters in real time.

To view a web-based ThreatMetrix Fraud Network demo, go to: http://info.threatmetrix.com/ThreatMetrix-Product-Tour

To view a video on the ThreatMetrix Fraud Network, visit: http://threatmetrix.com/resource-center/videos-and-demos/introducing-the-threatmetrix-fraud-network/

To read a whitepaper on the ThreatMetrix Fraud Network, visit: http://info.threatmetrix.com/ThreatMetrix-fraud-network.html

About ThreatMetrix

ThreatMetrix helps companies stop web fraud and enable e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. 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 software-as-a-service (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 servicese-commerceaffiliate 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