Industry Security technology CEO Reed Taussig Type of business Private | Website www.threatmetrix.com Founded 2005 | |
Key people Reed Taussig (President and CEO) Headquarters San Jose, California, United States Profiles | ||
Threatmetrix the digital identity company security and fraud prevention
ThreatMetrix is a security technology company headquartered in San Jose, California, with offices in New York City, Hong Kong, Sydney, London, Paris and Amsterdam.
Contents
ThreatMetrix provides software as a service (SaaS) technology that profiles online transactions and activities to determine whether they initiate from fraudsters or legitimate customers. The technology is supported by a global network, which analyzes more than 15 billion annual transactions and protects more than 210 million active user accounts across 4,000 customers and 30,000 websites.
History
ThreatMetrix was founded in 2005 in Australia and expanded to the United States in 2008.
The firm acquired TrustDefender in 2012 to add anti-malware capabilities to its device identification security software. The combined companies operate under the ThreatMetrix name. Andreas Baumhof, co-founder of TrustDefender, became ThreatMetrix’s chief technology officer following the acquisition.
Technology
Following the TrustDefender acquisition, ThreatMetrix released their Cybercrime Protection Platform which allows businesses to profile devices and identify threats, examine users’ identities and activity, configure business rules to meet requirements, and generate analysis and reports. The platform is intended to protect against account takeover, payment fraud, fraudulent account registration, multi-channel Web fraud and remote workforce access.
In May 2013, the firm introduced its Global Trust Intelligence Network (now the ThreatMetrix Digital Identity Network), which creates an anonymized profile of consumers (a digital identity) based on their behavior and devices. Organizations use this network to protect against fraudulent activity.
In 2016 the firm introduced its digital identity graph, a data science framework that maps the complex associations among people, devices, accounts, locations and businesses. The product includes billions of data points across hundreds of millions of consumers, and is designed to allow businesses to improve end user authentication.