San Jose, CA (PRWEB) January 17, 2014
ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, today announced that it is hosting a complimentary one-hour ThreatMetrix™ Cybercrime Education Series webinar on “Stop Payment Fraud Without Adding Friction.”
Online payment fraud resulted in billions of dollars in losses last year and cost businesses over $3 for each dollar lost to fraud, according to LexisNexis. Preventing fraud without disrupting the user experience for trusted customers is a necessity for online businesses to maintain customer loyalty and attract new business.
The one-hour complimentary webinar will take place at 10 a.m. PDT/1 p.m. EDT on Tuesday, January 21. The session will be led by Peter Liske, vice president of product management, ThreatMetrix. Webinar attendees will learn methods to detect online payment fraud in real-time. Other topics include:
- Risks from payment fraud to online businesses
- Examples of fraud attacks used by sophisticated cybercriminals
- Methods to transparently differentiate between trusted customers and fraudsters
- Solutions to reduce fraud while minimizing friction and manual reviews
“Our TrustDefender™ Cybercrime Protection Platform enables businesses to implement payment fraud prevention and security strategies that drive incremental revenue, increase customer confidence and reduce chargebacks,” said Liske. “With our software-as-a-service (SaaS) model, businesses can deploy fast, efficient and comprehensive transaction fraud protection.”
The TrustDefender Cybercrime Protection Platform is the leading payment fraud prevention solution. It delivers comprehensive visitor assessment, built on the powerful ThreatMetrix™ Global Trust Intelligence Network (The Network). The Network is 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. The Network differentiates between good and bad actors in real-time so suspicious transactions can be blocked or require additional screening without inconveniencing authentic customers.
ThreatMetrix secures Web transactions against account takeover, payment fraud, identity spoofing, malware, and data breaches. The ThreatMetrix Global Trust Intelligence Network, which analyzes 500 million monthly transactions, provides context-based authentication and Web fraud prevention to help companies accelerate revenue, reduce costs and eliminate friction. 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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