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ThreatMetrix Enters 2014 as One of the Largest Global Identity and Fraud Prevention Networks

0 Comments 29 January 2014


San Jose, CA (PRWEB) January 29, 2014

ThreatMetrix, the fastest growing provider of context-based authentication and advanced Web fraud prevention solutions, today announced a compilation of record 2013 milestones and its emergence as one of the largest fully anonymized global identity and fraud prevention networks in the world.

In 2013, the rules governing global cybercrime protection changed. Global governments now assign more importance to individual consumer privacy than to the rapidly increasing financial losses online retailers, enterprises and financial institutions face at the hands of highly sophisticated global cybercriminals.

We work with many of the worlds most recognized and trusted brands, financial institutions, enterprises and government agencies, said Reed Taussig, president and CEO, ThreatMetrix. Today, we protect over 500 million transactions each month and over 160 million active online accounts. Every transaction is screened by ThreatMetrix to provide businesses with confidence and trust that they are servicing an authenticated and valuable customer and not a cybercriminal. The ThreatMetrix Global Trust Intelligence Network (The Network), which is completely passive and fully consumer anonymized, has proven to be the right solution to satisfy the competing agendas of consumer privacy and security.

During 2013, ThreatMetrix made several significant advances in key areas, including:

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