Webcast Featuring Leading Analyst Firm Discusses Importance of Layered Security in Fight Against Online Fraud
A Multi-layered Approach That Combines Strong Log-In Authentication With Back-End Transactional Monitoring Shown To Be An Effective Solution
ATLANTA — March 19, 2008 — Digital Resolve, a leading provider of online authentication and fraud detection solutions,
today made available a complimentary, on-demand Webcast titled “Fraud Detection and Prevention Strategies in Today’s Threat Landscape” that features well-known Gartner analyst Avivah Litan.
According to Litan, in 2007, approximately $2 billion in sales were lost because consumers were less confident shopping on the Internet. In addition, almost 32 million consumers stopped banking online altogether or refused to even start because they were concerned about security.
This Webcast will provide security and IT professionals with information on how to:
- Understand the emerging attack vectors
- Examine the threat landscape
- Overcome today’s biggest security challenges
- Stop fraud migration
- Select the most effective fraud detection and prevention solution
- Assess the key evaluation criteria for selecting a provider
Litan, an industry expert in financial fraud, authentication, and identity theft as well as fraud detection and prevention applications, will describe the emerging attack vectors; discuss the importance of a layered approach to security; and review strategies for evaluating security solutions and vendors .
Digital Resolve’s Dennis Maicon, executive vice president, Financial Services Solutions, will also be featured on the Webcast. He will talk about how Digital Resolve’s comprehensive online fraud protection and prevention solutions are helping to change the threat landscape. Offering 360◦ protection, Digital Resolve’s solutions incorporate a layered approach, provide protection from log-in to log-out, and guard all customer touchpoints. Additionally, viewers will also hear from Matthew Speare, senior vice president of Information Technology for M&T Bank Corporation, as he describes the security challenges his company faces and how the use of risk-based authentication effectively fits within the overall security platform.
“The Webcast provides an excellent forum to bring together a panel of fraud and security professionals with different areas of expertise to present a well-rounded overview of the fraud landscape,” said Maicon. “We all agree that employing a layered security strategy to protect online accounts, information and transactions is the most effective solution to fighting online fraud, and we’re happy to share our experiences with other companies.”
Digital Resolve’s proven solutions for risk-based authentication, real-time identity verification and transaction monitoring are helping to reduce online fraud by as much as 90 percent for all customer segments. By combining patent-pending behavior access profiling with patent-pending activity profiling, and leveraging some of the most powerful research, risk analysis, reporting and transaction correlation tools available today, Digital Resolve can provide protection at every online touchpoint, during every user session from login to logout. Companies will now have the ability to correlate access with activity and user behaviors — many of which may not throw up red flags on their own.
About Digital Resolve
Digital Resolve is committed to securing online identities, information, accounts and transactions against fraud and identity theft by developing solutions that provide 360º protection for the online channel. The company’s comprehensive online fraud detection and prevention solutions are helping financial institutions and enterprises of all sizes eliminate online fraud, delivering peace of mind that the online channel is safe and profitable. For more information visit www.digital-resolve.net.
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