PORTLAND, OR — (Marketwired) — 05/13/15 — , preventing fraud, identifying trustworthy customers and authenticating devices online and on mobile, has been selected to speak at the on Tuesday, May 19. , iovation–s Vice President of Global Partnerships, will host a presentation entitled, “Identity Theft and Detecting Organized Fraud Ring Activity in Real Time” at the summit which is hosted by the Information Security Media Group (ISMG) — the parent company of BankInfoSecurity, CUInfoSecurity, GovInfoSecurity and more.
“Stopping online fraud is like a game of whack-a-mole; stop one transaction with a stolen credit card and another transaction with that same card will pop up. That–s why criminal syndicates are getting into the cyberfraud game,” said Anhoury. “I–m looking forward to sharing with some of the world–s foremost cybersecurity experts just how to correlate events across multiple disparate systems to connect the dots and see the complete picture with these fraud rings.”
Anhoury will discuss how iovation–s device recognition, association and reputation technology — used by many of the top credit issuers — helped bust a California-based fraud ring attempting to access consumer credit reports, open credit card accounts and obtain retail merchandise. He–ll share how the centralized collection of activity through every phase of the fraud process identified the syndicate even though evasive techniques like geographical dispersion and ISP switching were employed.
In this session, attendees will learn how:
The correlation of activity and transaction velocity can identify fraudulent behavior.
Tying activity to persistent device identification provides further evidence that identity theft and fraud are being perpetrated.
The to provide insight into transaction risk can help law enforcement identify, investigate and prosecute fraud.
ISMG is the largest media company solely focused on Information Security, Risk Management, Fraud, Compliance and other related topics. The Chicago Fraud Summit is focused exclusively on the top fraud trends impacting organizations and the mitigation strategies to overcome those challenges and is being held at the JW Marriott Chicago.
iovation protects online businesses and their end users against fraud and abuse, and identifies trustworthy customers through a combination of advanced device identification, shared device reputation, device-based authentication and real-time risk evaluation. More than 3,000 fraud managers representing global retail, financial services, insurance, social network, gaming and other companies leverage iovation–s database of more than 2.5 billion Internet devices and the relationships between them to determine the level of risk associated with online transactions. The company–s device reputation database is the world–s largest, used to protect 12 million transactions and stop an average of 200,000 fraudulent activities every day. The world–s foremost fraud experts share intelligence, cybercrime tips and online fraud prevention techniques in iovation–s , an exclusive virtual crime-fighting network. For more information, visit .
iovation Inc.
Connie Gougler
503-943-6748
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