ThreatMetrix Enters Online Gaming Market to Protect Casinos and Consumers from Cybercrime
ThreatMetrixTM, the fastest-growing provider of context-based security and advanced fraud prevention solutions, today announces its entry into the online gaming market.
Internet gambling is expected to garner up to
“ThreatMetrix is uniquely positioned to serve the online gaming market by providing frictionless context-based authentication to protect against cybercrime risks both online and via mobile devices,” said
Internet gaming incurs risks similar to other online businesses, such as e-commerce and financial services websites, but also faces some unique challenges. The most prominent cybercrime risks casinos face include:
• Payment Fraud – Stolen credit card information is used to gamble online.
• Account Takeover – Cybercriminals install malware to steal log in information and sign in using an authentic player’s credentials.
“The key to making online gaming successful in the U.S. is an effective security platform and anonymized global sharing of threat intelligence through a trusted identity network,” says Swett. “While it’s essential to protect the personal data of online gamers, if the customer experience is arduous due to time consuming authentication techniques, the industry will turn gamers away and fail to thrive.”
The ThreatMetrix™ Global Trust Intelligence Network (The Network) is the largest trusted identity network of shared intelligence, which protects casinos and gamers against payment fraud, account takeover and other suspicious activities. The Network processes and analyzes more than 500 million monthly transactions, 160 million active user accounts, 2,500 customers and 10,000 websites. Real-time analytics evaluate logins, payments and new account registrations for validity, enabling
For more information, visit http://www.threatmetrix.com or call 1-408-200-5755.
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