Los Altos, CA (PRWEB) September 23, 2011
ThreatMetrix™, the fastest growing provider of fraud prevention solutions that do not require personally identifiable information (PII), today announced that its chief products officer, Alisdair Faulkner, will be speaking alongside other industry thought leaders in a September 29 webinar on “FFIEC Guidance: How to Use Layered Security to Fight Fraud.” The webinar is hosted by BankInfoSecurity and co-sponsored by ThreatMetrix, LexisNexis Risk Solutions and Attachmate Corporation.
Faulkner will be joined by Matthew Speare, senior vice president of information technology at M & T Bank Corporation, who will discuss how his institution has tackled the layered security strategy in all aspects of electronic banking. Other webinar presenters and co-sponsoring companies include Michael Smith, fraud market planning lead of LexisNexis Risk Solutions, and Mark Benoit, security specialist at Attachmate Corporation.
In response to heightened incidents of fraud against banking institutions and customers, the Federal Financial Institutions Examination Council (FFIEC) recently released a supplement to its "Authentication in an Internet Banking Environment" guidance, which was first issued by the FFIEC in October 2005.
“In my presentation, I will demonstrate how our fraud prevention platform is the most cost effective first perimeter of defense for banking institutions and e-commerce companies in their daily fight against online fraud,” said Faulkner. “The ThreatMetrix™ Cloud-Based Fraud Prevention Platform provides banking and financial institutions with smart device identification -- complex device identification -- and contextual risk scoring that fully complies with the specific layered customer authentication security program recommendations spelled out by the FFIEC.”
WHAT: Webinar participants will learn:
The types of layered security controls prescribed by the FFIEC, and what examiners will be looking for from institutions starting in January 2012.
Tips from banking institutions that are already deploying layered controls, such as knowledge-based authentication, device identification, behavioral monitoring, anomaly detection and cross-channel pattern analysis.
Emerging technologies that will enable banks to more efficiently and effectively know their customers, improve fraud detection and create layered protection across all maintenance activities and customer devices.
WHEN: 1 p.m. EDT, Thursday, September 29, 2011
WHERE: Register online at BankInfoSecurity
WHY: Participants will receive a:
- 90-minute presentation on layered security controls and how to conform with the FFIEC Authentication Guidance
- Printable copy of the presentation and reference materials ($99 value) delivered to all attendees before the workshop
- Certificate which may be used towards obtaining continuing professional education (CPE) credits.
WHO: The webinar is designed for chief information officers, chief operations officers, chief information security officers, chief compliance officers and managers, directors and C-level executives of information security, fraud and risk.
- Datasheet: ThreatMetrix™ Cloud-Based Fraud Prevention Platform
- Whitepaper: “Is Your Device ID Ready for the FFIEC?”
- Webinar: “Is Your Device Identification Ready for New FFIEC Guidance?”
- Demo: ThreatMetrix SmartID™ Demo
ThreatMetrix helps companies stop web fraud and accelerate e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. The ThreatMetrix™ Cloud-Based Fraud Prevention Platform, incorporating ThreatMetrix™ SmartID cookieless device identification, provides online businesses with the ability to protect themselves and their customers by verifying new accounts, authorizing payments and transactions and authenticating user logins in real-time. Online businesses can deploy the ThreatMetrix Cloud-based Fraud Prevention Platform, which does not rely on personally identifiable information (PII), for traditional online activity via a personal computer as well as for mobile and tablet devices. The company serves a rapidly growing customer base 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 http://www.threatmetrix.com or call 1-650-625-1451.
© 2011 ThreatMetrix. All rights reserved. ThreatMetrix, the ThreatMetrix Cloud-Based Fraud Prevention Platform, ThreatMetrix SmartID, ThreatMetrix ExactID, 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.