Data security firm Imperva has added a device
identification and fraud malware detection to its fraud prevention
software ThreatRadar.
The companies said ThreatMetrix’s software
interoperates with the Imperva’s SecureSphere Web Application
Firewall (WAF) to help secure high-risk transactions, new account
origination and online authentication against fraud.
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The ThreatRadar Fraud Prevention is aimed at
detecting fraudulent users and helps prevent fake accounts and
log-ins, mitigating fraud-related expenses, according to
Imperva.
Amichai Shulman, CTO of Imperva said:
“Fraudulent behavior online can send ripples
through organisations, as potential chargeback and collection costs
directly impact the bottom line and disgruntled customers could
damage the brand image.”
“By partnering with ThreatMetrix,
Imperva is extending its powerful Fraud Prevention Service, which
enables organizations to centrally manage fraud security policies
without altering their Web applications.”
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By GlobalDataThe companies added that fraudulent credit
card payments, and account creation and online authentication with
stolen credentials, can cost businesses millions of dollars.
