San Jose, CA (PRWEB) September 11, 2013
ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, today announced the immediate availability of the ThreatMetrix™ Summer 2013 Release, an extension to the company’s TrustDefender™ Cybercrime Protection Platform. This release delivers innovative features such as Trust Tags, global policy engine and enhanced malware detection to combat cybercrime through a comprehensive solution built around the The ThreatMetrix™ Global Trust Intelligence Network (The Network). The Summer 2013 release enables businesses to analyze and validate site visitors in real-time to combat sophisticated online cybercrime threats such as payment and money transfer fraud, account takeover and synthetic identities using both browsers and mobile applications.
“Online businesses need to identify in real-time that a visitor’s digital persona is genuine,” said Alisdair Faulkner, chief products officer, ThreatMetrix. “The Summer 2013 Release enables businesses to analyze the digital personas of website visitors – including their previous online behaviors and transactions – before authorizing an online transaction. By doing so, ThreatMetrix further helps businesses reduce friction for legitimate, returning online customers while stopping cybercriminals from coming through businesses’ front doors.”
ThreatMetrix correlates a visitor’s online behaviors and association through the rich data and advanced analytics in The Network – the only global data repository that provides insight into positive and negative behavior and threat intelligence for both online personas and devices using trust-based authentication. Each month, The Network screens more than 500 million site visitors, across more than 1,900 customers and 9,000 websites and uses predictive analytics to differentiate legitimate visitors from fraudsters.
Based on the ThreatMetrix Summer 2013 Release, The Network combats cybercrime using the following:
“With the introduction of the Summer 2013 Release, ThreatMetrix has effectively evolved from a device identification and malware detection solution to a more powerful, holistic solution to help merchants and FIs combat cybercrime,” said Julie Conroy, research director of Aite Group’s retail banking practice. “Using a trust-based approach to fraud detection helps reduce customer friction and web fraud by identifying the good customers—in this way the bad actors stand out like a sore thumb,” said Conroy.
ThreatMetrix is the fastest-growing provider of integrated cybercrime prevention solutions. The TrustDefender™ Cybercrime Protection Platform helps companies prevent unauthorized access to web and mobile applications, protect sensitive data, and secure transactions against account takeover, payment fraud, identity spoofing, malware, and data breaches. ThreatMetrix protects more than 1,900 customers and 9,000 websites across a variety of industries, including financial services, enterprise, e-commerce, payments, social networks, government, and insurance. For more information, visit http://www.threatmetrix.com or call 1-408-200-5755.
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