Security Firm ThreatMetrix Enters Online Gambling Industry

Published Thursday, March 06, 2014 - Online-Casinos.com
Security Firm ThreatMetrix Enters Online Gambling Industry

ThreatMetrix is a fast growing provider of integrated cybercrime prevention solutions. The ThreatMetrix™ Cybercrime Defender Platform helps companies protect customer data and secure transactions against payment fraud, malware, account takeover, fraudulent new registrations, data breaches, as well as man-in-the browser and Trojan attacks. San Jose, California USA based online security company ThreatMetrix has announced its entry in the online gambling industry offering its context-based security and advanced fraud prevention solutions to internet gambling operators.

The firm recently confirmed it had  become a registered vendor with the New Jersey Division of Gaming Enforcement, allowing  it to conduct business with casinos in Atlantic City.

Andy Swett, director of business development for ThreatMetrix commented, “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,” Swett continued, “Our solution enables Atlantic City casinos to provide a safe, reliable outlet for online gaming while offering an unmatched customer experience free of inconvenient authentication barriers.”

ThreatMetrix maintains its Global Trust Intelligence Network is the largest trusted identity network of shared intelligence,  protecting casinos and gamblers from payment fraud, account theft  and other suspicious online activities.

Speaking on the issues facing the online gambling industry Swett said, “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,” adding, “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.”

ThreatMetrix cybersecurity solutions protect more than 2,500 customers and 10,000 websites across a variety of industries, including financial services, enterprise, e-commerce, payments, social networks, government, and insurance.

The Network processes and analyses more than 500 million monthly transactions and with Real-time analytics evaluate logins, payments and new account registrations for validity, enabling ThreatMetrix to authorize legitimate transactions and flag potential threats without negatively impacting the customer experience.

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